"To get the inflation rate to the Fed’s target of 2% by then would require an average unemployment rate of about 6.5% in 2023 and 2024"- Brookings Institute
Two Percent Inflation is a fairy tale
An excerpt of a very interesting paper was released and made public on September 8th: In it was the statement:
Either inflation will stay substantially higher, or we will have higher unemployment (6.5%) and a substantial economic slowdown.” Fall edition of Brooking Institute paper
On July 28th GoldFix wrote to subscribers: Two Percent Inflation is a …