The Fed's Failure to Design the Dollar

"The dollar is designed to go down. The Fed on its website says it's 2% per year, which they define as price stability," he said. "They undershot for 12 years after the great financial crisis and then they majorly overshot like has there ever been a single month where the year over year inflation or even the annualized month to month inflation would have been exactly 2%. So just because they say that on the website doesn't mean that they designed it or that the dollar was designed to be that way."