The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why.&nbsp;

Original Article: <a href="https://mises.org/wire/flying-foolishness-doj-saves-consumers-low-cost-airlines" target="_blank">"</a><a href="https://mises.org/wire/what-right-inflation-target-central-banks" target="_blank">What Is the Right Inflation Target for Central Banks?"</a>

The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why. Original Article: "What Is the Right Inflation Target for Central Banks?"{ai:summary}<p>The agreed level for inflation target is uncertain and arbitrary, causing disagreement among economists. Austrian economics reveals the folly behind it. #economy</p>

What Is the Right Inflation Target for Central Banks?

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