Why Central Banks Target 2% Inflation
From The Plain Bagel
To learn for free on Brilliant, go to https://brilliant.org/theplainbagel. Brilliant’s also giving viewers 20% off an annual Premium subscription, which gives you unlimited daily access to everything on Brilliant! 00:00 - Introduction 02:09 - The Origin of 2% Inflation 04:03 - Argument for 2% 06:57 - Why Not Deflation? 09:21 - Costs and Considerations 12:30 - Why the Target Won't Change 13:48 - Sponsor Despite economists warning on the negative impact of tariffs, the US has been reporting str...
Who is mentioned in this episode?
2 people come up, including Milton Friedman, Alan Blinder.
- Milton Friedman (Person)
- Alan Blinder (Person)
Sponsors of this episode
- Brilliant (Sponsor)
Mentioned in this episode
- US Federal Reserve (Company)
- Bank of International Settlements (Company)
- National Bureau of Economic Research (Company)