Why Stable Prices Are Important
Why Stable Prices Are Important
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4.6K views · 145 reactions | For 40 years or more, government policy was more or less focused on keeping the price of the US dollar stable or fixed. This came at a cost. To keep the dollar fixed drained the country in foreign reserves; money set aside for emergencies. The government has made a fundamental shift to inflation targeting to keep inflation stable. This will lead to growth and protect the economy and peoples’ pockets. | Andrew Holness | Facebook
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