[mrfredward]

Yes, fully agree that economic instability from hyperinflation hurts far more than reducing the wealth gap could help.

In recent times, the fed has been below its 2% inflation target.If it missed on the other side, and inflation went to 3-4%, I think that would be totally reasonable economic policy. Double digit inflation, however, would end up making everyone poorer.

[thomashobohm]

Totally agree! I just don’t want people to get the wrong impression-easy to think that the takeaway is “inflation is always good for young people.”