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So? The federal reserve would have to have a very different mandate for it to make policy based off of a basket optimized for public health. I'm sorry that your personal food prices are higher. I just don't see why it matters at scale.



Great, the price of ramen noodles and curved screen TVs is stable. Thanks, Fed, time to set interest rates at -1% for the next ten years of whacky growth.


Low inflation doesn't mean everything is fine, it just means that you don't have exponentially inflating prices on top of whatever other problems you've got.




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