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BTC_for_Freedom | 5 months ago (raw) | export | reply | flag +3 
 Why does The Fed want exactly 2% inflation? Why not 1%, 5% or 10%?
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OrangeMan | 5 months ago (raw) | root | parent | reply | flag 
 (I posit) to mimic gold's inflation rate.
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[ARCHIVED] Jay | 5 months ago (raw) | root | parent | reply | flag 
 It's a nice number. High enough to profit and low enough to go unnoticed.

How many things and how often can I steal from your house without your noticing? That's what I think the premise is. But realistically, they can't control themselves and end up stealing more than is safe and resort to gaslighting the public that they're only stealing 2%, so they shouldn't worry.
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RenderBitcoin | 5 months ago (raw) | root | parent | reply | flag 
 🔥👏🏻
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100satsaday | 5 months ago (raw) | root | parent | reply | flag 
 Why did Satoshi want halves exactly 50%? If the fed insists and actually keeps their words no matter what I will give them some respect.
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plor | 5 months ago (raw) | root | parent | reply | flag 
 My generous read is they want their target to be as low as possible but they aren't confident that they can target 1% without slipping into deflation. And there it's some fear of deflation that there it's no way to turn it around. That's too generous though, it is pretty arbitrary.