NY Fed President John Williams says low inflation is ‘the problem of this era’

New York Fed President John Williams said in a speech Wednesday that sluggish inflation is one of the central bank’s most pressing issues

Source: NY Fed President John Williams says low inflation is ‘the problem of this era’

Low inflation is better than accelerating inflation.  But prices, in a free market economy, should be falling.  The Fed inflating is distorting prices.  It is the 1920s all over again.

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