Modern Economic Nonsense — What if the Fed gets inflation all wrong

There’s a lot of news about the Fed getting inflation wrong, but what if they really are wrong 😱? People should be asking themselves as the Fed begins its new meeting cycle. The central bank raised interest rates aggressively for the first time since 1994 and signaled more hikes could be coming soon. But that doesn’t mean we are set to see an end to high inflation. It just means that we need more aggressive policy measures to help bring it down again. Why are higher prices such a big deal? A strong economy runs on capital; businesses require money to grow, and consumers spend money to spur demand. So why do we struggle so hard to keep our costs under control this time?

Why do we struggle to keep our costs under control? Lower inflation means more money for investors

Inflation is essentially how central banks try to keep the cost of living down. If the cost of an item goes up, then your money is worth less. But if it goes down, then it’s worth more. But inflation is a…