4min chapter

Odd Lots cover image

David Woo on What the Economists Got Wrong About the Stimulus

Odd Lots

CHAPTER

Is the Feds New Framework for Inflation Targeting a Gimic?

Tracy knelt, honestly, i think the whole averaging inflation was a gimic. Inflation expectation is like a pandora's boss. Once you open it, it's going to be diffile to close it. So just as why, if inflation starts to edge higher, forget about the whole idea of inflation averaging,. The fet will go. Because they realize what will be at that stake. This is why i think io the whole inflation averaging s was nothing more than just empty talk at the end of the day.

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