Subject: Re: Buffett - zero inflation target
Is there a better idea? Not that anyone has tried yet.

Some recent research, which I find somewhat compelling, is to target a given *nominal* economic growth rate

Interesting. Another interesting idea is Gundlach's: to just automatically set fed funds equal to the 2-year yield, i.e. let the market set it. He gave a chart showing this is what's actually been the policy for a while anyway, more or less. WAY outside my circle of competence, but I like any decent solution that reduces politics (good luck with that).

https://www.youtube.com/shorts...