There's no point in defining a "target" when the Fed has no control over the vas...

		thehumanmeat on March 22, 2024 \| parent \| context \| favorite \| on: Why the 2% inflation target? (2023) There's no point in defining a "target" when the Fed has no control over the vast portion of dollar creation/destruction: https://en.wikipedia.org/wiki/Eurodollar