42 sats \ 1 reply \ @Undisciplined 12 Mar \ on: Inflation: is 3% finally the new 2% to keep the credit party running?? econ
It seems like low-hanging fruit politically. Rhetorically, increasing the target by one percentage point sounds like a trivial reform.
It's not like the 2% target was precisely determined by some rigorous scientific process. That was pretty arbitrary and was basically small enough for normal people not to care, but large enough to funnel tons of money to cronies.