Inflation Targeting Revisited; Three Major Fed-Sponsored Bubbles; Who Benefits From Inflation?

A post on deflation in Sweden (which its central bank does not want) got me to thinking about inflation targeting once again. Sweden’s central bank, the Riksbank, has an inflation target of “2 per cent as measured by CPI.” Bernanke has a similar target, as do many central banks. The first ma…

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Inflation Targeting Revisited; Three Major Fed-Sponsored Bubbles; Who Benefits From Inflation?

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