[blueplum]

as a country ages, its tolerance for inflation falls. Its authors theorise that a central bank could use inflation to achieve some generational redistribution. Yet pressure on the Fed to cease its expansionary actions has been intense, and led by a Republican Party increasingly driven by boomer preferences.

As boomers retire, they spend money, which supports occupations from the pharmacist to the sporting goods stores to the pet groomer and lawn boy. that should be 'generational redistribution' enough.

[greeneyes]

Its authors theorise that a central bank could use inflation to achieve some generational redistribution. Yet pressure

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This is pure old BS. Inflation doesn't redistribute anything to the younger generations. Inflation is a huge tax that hurts all Americans, especially the lower and middle income people.

Wages and colas usually don't keep pace with inflation. I am soooo sick of all the lying as if everyone in the USA is so stupid they will believe anything.

Well we may have a lot of stupid people, but there's a lot of us out here that are a whole lot smarter than a bunch of dumb butt elitist bureaucrats, Congress Critters, and Journalists trying to keep us busy fighting each other, so they can use our money to enslave, control, and dictate to us how we can live, eat, and pray.