Failure Of Inflation Targeting?!

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Failure Of Inflation Targeting?!

Failure of Inflation Targeting?! by Axel Merk, Merk Investments

It ain’t working. Eight years after the outbreak of the financial crisis, central bank chiefs suggest they have saved the world, but have they? We argue central banks have become part of the problem, not the solution. At its core, their indoctrinated focus on inflation may well do more harm than good, with potentially perilous implications for investors.