Posted by Dwight Steward, Ph.D. | U.S. Economy

Some economists and recent research support the idea of allowing inflation to increase above its current target of 2%. Proponents argue that increases prices will stimulate growth and increase business profits. Opponents argue that inflation could grow out of control and hurt fixed income investments.

http://www.nytimes.com/2013/10/27/business/economy/in-fed-and-out-many-now-think-inflation-helps.html?hp

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