> Inflation rates are very low, particularly when considering the debt load. We could quite simply increase the target inflation rate from 2% to 4% inflation.
You probably mean CPI, not inflation. Inflation is really only loosely correlated if at all with the price of goods that consumers actually buy. Things like hedonic quality adjustments leave CPI largely up to whims of the regulators.
You probably mean CPI, not inflation. Inflation is really only loosely correlated if at all with the price of goods that consumers actually buy. Things like hedonic quality adjustments leave CPI largely up to whims of the regulators.