How Far Will the Fed Take It?
Published in
5 min readFeb 5, 2024
Why it’s insane to insist on 2% inflation…
Since the end of WWII, three major recessions have marked important economic turning points. Today, various indicators and unique economic factors suggest another recession is likely. The big question is how severe it will be.
The Fed, which continues to say it wants inflation of 2%, could ensure that it’s severe. That’s because 2% inflation is…
