This will be inflated away. The FED is already not trying to hit the 2% target. Unfortunately the treasury is issuing mostly treasury bills, so debt servicing will just become more expensive triggering a spiral. This will trigger e.g. capital controls.
This will be inflated away. The FED is already not trying to hit the 2% target. Unfortunately the treasury is issuing mostly treasury bills, so debt servicing will just become more expensive triggering a spiral. This will trigger e.g. capital controls.