On the recordDecember 11, 2013
A 2 percent target inflation rate is reasonable, especially given the disaster that can occur to our economy if we have deflation.
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congress.govA 2 percent target inflation rate is reasonable, especially given the disaster that can occur to our economy if we have deflation.
Sherman argues for a 2% inflation target to prevent economic disasters.
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When the facts are with you, argue the facts. When the public policy is with you, argue the public policy.
Finally, we have it. And I think the SEC did a good job on a very difficult thing.
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