No Surprise: Wall Street Wants To Raise The Target Inflation Rate Above 2 Percent
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Source: zerohedge.com
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No Surprise: Wall Street Wants to Raise the Target Inflation Rate above 2 Percent
Price inflation in the United States remains stubbornly high, with October's print at 7.7 percent. The Fed's preferred measure, so-called core inflation is only two-tenths of a percent below 40-year highs, at 6.3 percent.
Source: mises.org
No Surprise: Wall Street Wants to Raise the Target Inflation Rate Above 2 Percent
The push for higher inflation rates is just the latest reminder that wealthy bankers and other members of the ruling class aren't harmed by price inflation the way that ordinary people are.
Source: infowars.com