tag:blogger.com,1999:blog-1527766217650773141.post4992861239386572708..comments2023-07-12T06:12:30.772-07:00Comments on Demand Side Transcript: Fed target on inflation is painted on the backs of the middle classAlanhttp://www.blogger.com/profile/07323700324276425194noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1527766217650773141.post-21456782205429371682007-11-22T06:48:00.000-08:002007-11-22T06:48:00.000-08:00I hope you'll elaborate on the Fed's inflation tar...I hope you'll elaborate on the Fed's inflation targeting scheme. The Bernanke innovation of "forecasts" is in reality a target.<BR/><BR/>Targeting inflation as if it were of the same order as employment or production or trade is inane.Anonymousnoreply@blogger.com