Is there some sort of mathematical reason behind this goal? Does 3% have some sort of long-term effects such that it becomes uncontrollable or something?
It seems like, inflation or not, places are just as busy (restaurants, Target/Wal-Mart, Costco, etc…).
In: Economics
The 2% target is [completely arbitrary](https://mises.org/power-market/origins-2-percent-inflation-target). Low enough that people will have confidence you won’t go crazy printing money, but high enough to give you flexibility to have some fun printing.
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