As title says, with the followup question whether your answer says anything about whether central banks have been successful (on average) in controlling inflation at a desirable level?
In: 1
Others have given answers, so I’ll just add [this](http://www.aboutinflation.com/inflation-rate-historical/us-inflation-rate-historical-chart), which shows historic inflation for the US. Inflation is far more stable now.
Latest Answers