Detailed text transcripts for TV channel - MSNBC - 20180206:14:14:00
Let's talk about inflation. whether we're talking about a weaker dollar, which is good for exports, tight labor markets, which is what we want. tax cuts, which we have told people is going to be great for corporate america. why is inflation bad for investors? mr. schiller. >> i'm not sure it is bad for investors. it seems inflation at this point is moderated to such a -- we've got a target inflation of around 2%. it's kind of a slow steady background variable. it accounts for people being confused by the record -- so-called record point loss on the dow. everything is scaled up. it's part of an...