Crypto-Money Push Grows As Governments Fail Us

Crypto-Money Push Grows As Governments Fail Us
AP Photo/Rick Bowmer, File

Last week, the Federal Reserve announced that it had reached its goal of a 2 percent inflation rate. Why not 1 percent or 4 percent or better yet, zero? The act creating the Federal Reserve back in 1913 tasked the Fed with the goal of price stability — which in normal (not Washington) speak should mean an inflation rate of zero.

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