[central_va]

Point taken. My point is that inflation always has a 2% target - because dropping below 0% into "disinflation" (recession) is a much worse outcome for the American consumer.

Since most of what we consume is imported I don't see that happening.

[politicket]

Since most of what we consume is imported I don't see that happening.

Except this is a global recession - affecting all imported goods as well.

China is the first to take it on the chin - followed by Europe - followed by the US.

The US is still arranging deck chairs on the Titanic so they can hear the orchestra better...