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Nov 4, 2020 at 2:22 comment added Mox The fed tries very strongly to prevent inflation from taking off because deflation is very difficult to induce: price levels are 'sticky', wages especially.
Jun 15, 2015 at 15:24 history edited dismalscience CC BY-SA 3.0
grammar, formatting
Jun 5, 2015 at 20:41 vote accept marco11
Jun 5, 2015 at 18:29 history edited ExtremelySeriousChicken CC BY-SA 3.0
A more detailed explanation and some other clarifications
Jun 5, 2015 at 18:16 history answered ExtremelySeriousChicken CC BY-SA 3.0