Washington ExaminerLean R·
The insidious 2% target: How the Fed quietly taxes retirees and homeowners
The Federal Reserve set 2% as its long-term inflation target in 2012. According to the St. Louis Fed website, the Fed believes “the economy can run efficiently when inflation is low and stable” and “people can hold money without having to worry that high inflation will erode its purchasing power.”  The insidious impact on retirees […]
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