Why the FED Wants Inflation

Hi everyone! My name's Derrek and I love talking about investing.

Today we are talking about price inflation and the Philips Curve, which is the economic theory that underlies the Federal Reserve's desire to maintain a moderate but positive level of price inflation. WE will also discuss the Solow Growth model and how that ties into the FED's projections of economic growth and why that is related to fallacies surrounding the Philips Curve.

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