Jason talks about how current Chicago Fed president Charlie Evans and former president of the Federal Reserve Bank of Minneapolis from 2009 to 2015, Narayana Kocherlakota, gave speeches or wrote Bloomberg Op-Ed articles on Monday about how the Federal Reserve should start to immediately target a much higher inflation rate than 2%! YIKES!!!!
Inflation rates in many US cities are already at alarmingly high (stagflation) levels according to the more accurate Chapwood Inflation Index http://www.chapwoodindex.com/
1) Fed Should "Embrace" And "Communicate Comfort" With Even Higher Inflation: Evans https://www.zerohedge.com/news/2019-0...2) The Fed Needs to Fight the Next Recession Now https://www.bloomberg.com/amp/opinion...