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TIP472: Inflation Masterclass continued W/ Cullen Roche
We Study Billionaires - The Investor’s Podcast Network
Should the Central Bank Set a Positive Inflation Target?
In December 1989, the Parliament in New Zealand decided on a 2% inflation target. This was the first formal target to be adopted by a central bank. Since then, many have adopted a similar 2% target, including the Fed and the ECB. You can also argue that the lower the inflation target, the more unemployment the Fed would have to create to get there.
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