The Honesty of Our Economy with Allison Schrager
What Could Go Right?
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Exploring Inflation Targeting and Retirement Challenges
This chapter delves into the challenges of hitting the 2% inflation target set by the Federal Reserve, considering historical factors like trade with China and the possibility of adjusting the target to 3%. It also discusses the state of retirement savings in America, the shift from defined benefit plans to individual accounts, and the impact of increasing life expectancy on retirement planning.
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