dear
So which is it, old broad or fag?
point is they knew what they did to get to 15%
You claim they had total control. So who decided to go to 15%?
anyone with half a brain would understand that they can get to 2% now if they want to.
Anyone with half a brain, that'd be anyone with twice as much as you, would know they've been trying, for years, to get inflation back up to 2%. And they've so far been unsuccessful.
Former Federal Reserve Chairman Ben S. Bernanke suggested that he would be open to an increase in the central bank’s 2 percent inflation target.
“I don’t see anything magical about targeting 2 percent inflation,” he told a conference in Washington sponsored by the International Monetary Fund.
His comments come as the Fed and other major central banks are struggling to prevent their economies from falling into a disinflationary trap of diminished expectations. IMF officials have proposed that the monetary authorities raise their inflation goals to help limit the danger of future deflation.
Fed Vice Chairman Stanley Fischer and European Central Bank Executive Board member Peter Praet are slated to discuss the issue Thursday at George Washington University in a session titled “The Elusive Pursuit of Inflation.” The session is being held in conjunction with the spring meetings of the fund and the World Bank.
The U.S. central bank adopted its 2 percent goal in January 2012 when Bernanke was chairman. It has fallen short of meeting that objective for 34 straight months. In February, inflation, as measured by the personal consumption expenditure price index, the Fed’s preferred gauge, was 0.3 percent.
Bernanke Open to Raising Inflation Target Fed Struggles to Meet
Holy Crap!!! It has fallen short of meeting that objective for 34 straight months.
Pull your head out of your ass, you need some air!
