who says inflation has to be 3 or 4 %
Diring Bidumb they kep claiming it was 9 - to 12 percent, when it cearly was nearly 100% (total over 4 years)
I could enjoy a few years of 1 or 2% inflation
During Joe Biden’s presidency, inflation rose significantly, starting at 1.4% in January 2021 and peaking at about 9.1% in June 2022, before declining to around 3% by mid-2023. Over the four years, consumer prices rose by 21.5%.
Since January 2012, the Federal Open Market Committee has stated that it seeks to achieve inflation at 2% over the longer run, using the PCE price index as the primary gauge.
In July 2026, the U.S. headline PCE inflation rate was 3.7% year‑over‑year, slightly above forecasts, while core PCE inflation held at 3.3%
…and lowering interest rates will do that?…..rolling eyes here
Inflation (defined as debasement of the currency) is hard to measure, but I think you're right on this.