Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability

Central bankers follow inflation “target” in their pursuit of “price stability.” Not surprisingly, they usually miss their targets — quite badly — and we now are living one of those moments.

Original Article: “Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability”

This Audio Mises Wire is generously sponsored by Christopher Condon.