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That’s what I meant.
They could switch metrics to avoid the issue but they want the excuse to print more, so I don’t see that happening. They switch metrics when one component is rising too much.
Yeah so it's target+incentive, I guess. Ugh. Why do we put people with debts in charge of inflation (which devalues debt)
target+incentive
Maybe a requisite for people in such positions should be selling off their entire portfolio and just holding piles of cash.
Exactly. Make it hurt! haha
That’s what I meant.
They could switch metrics to avoid the issue but they want the excuse to print more, so I don’t see that happening. They switch metrics when one component is rising too much.