Bitcoin & Gold During Monetary Climate Change | Ronnie Stoeferle
Forward Guidance
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The Fed's Flexible Average Inflation Targeting
Last year in December of 2020 Fed chair J pal announced the flexible average inflation targeting regime. It means central bankers keep telling us well, we are really sorry But we devalue within devalued your purchasing power enough over the last couple of years We're sorry about that but now going forward we've got Liwei to devalue it even more So I think if you think about that concept, yeah, I mean, it's it's ridiculous and and and and what's really striking to me And this is why we why we prepared a chart called Flexible Average Inflation Targeting Chart.
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