By: Wall Street Pit
July 31, 2013 at 16:44 PM EDT
The Fed Should Target Inflation
It’s a pretty well-established fact that the public thinks inflation is higher than the official statistics show. I believe that’s because the public thinks of the “cost of living” in a slightly different way from how economists think of the term. If the average phone bill was $30/month in 1970 and its $60/month today, then [...] View the full post at: The Fed Should Target Inflation Related posts: Global Inflation Creeping Higher Inflation and the Fed Stop the Inflation or Deflation Debate
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