Janet Yellen, looking back at her tenure as Chair of the Board of Governors of the Federal Reserve in late 2017: Economic growth ✅ Employment ✅ Financial system ✅ 2 percent inflation ❌ The economic indicators that matter to people were looking fine, so why are central bankers never happy unless they achieve their purchasing power reduction target of 2 percent? Credit for the text goes to @LynAldenContact (taken from the book Broken Money).