Surveillance: Inflation with Jamie Dimon (Podcast)
Bloomberg Surveillance
00:00
Is Your Father's Fault?
We could target a stable four % inflation rate if we wanted to, or a stable two%. But the argument you hear about that against that as well. And bet doesn't make any sense to me. I think we'd be much better off at a stable o three% and maybe better off at 4%. We should be trying to increase the mobility of labor. The future is in cities. Got to make room in cities for everybody who wants to move there, move there and get a job.
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