Stimulating economic growth without inflation

Stimulating economic growth without inflation

Some inflation is desirable because: Debt becomes less expensive. You're paying with cheaper dollars. Business income goes up. Businesses hire more workers, consumers spend more, So, the Fed aims for a 2% annual inflation rate, which translates into a 21.9% increase in 10 years and a 3% annual rate increase price by 34.4% in ten…