Why doesn't the Fed learn how to create inflation from the Central Bank of Venezuela? They are the experts as it is running at the rate of million per cent per year in VE.
Put TV's into the equation here, cause TV's getting cheaper and we all buy 1 or 2 in our weekly shop, so makes perfect sense, so yeah it's being faked.
Suddenly Public debt becomes worthless and saving, but as debt out strips saving, everyone as long as wages increase with inflation is pretty much debt free. I expected this in 2008, bailing them out
For starters having a positive inflation target is absurd. They should, at the highest, have a target of zero inflation.