We often hear about the Federal Reserve’s 2% inflation target, but why target a rate of inflation, and why not target 0%? There are a few common justifications for this long-standing policy.
FEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society. These principles include: individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government. Visit https://fee.org