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Posted on 04-05-11 12:51 AM     Reply [Subscribe]
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In the long run, the Federal Reserve System can determine only what the inflation rate will be, not what the unemployment rate or real growth of the economy will be. If you were the chair of the Fed, what inflation rate would you pick and why?
Please give me some advices.
Thanks!!
 
Posted on 04-05-11 1:13 AM     [Snapshot: 22]     Reply [Subscribe]
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 http://www.time.com/time/columnist/kadlec/article/0,9565,639343,00.html

http://curiouscapitalist.blogs.time.com/2011/02/03/is-inflation-good-for-the-economy/
 



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