Source: Ludwig von Mises Institute
by Hamoon Soleimani
“The Two percent inflation target — monetary policy’s sacred commandment for three decades — has become structurally impossible to achieve. Not because central bankers lack skill, but because every attempt to hit the target destroys the financial architecture that previous monetary expansion built. This is the endgame of central planning: a system that cannot tolerate its own success criteria without collapsing.” (11/28/25)
https://mises.org/mises-wire/impossible-two-percent-why-central-banks-cannot-afford-price-stability