Written by Ethan Messeri Inflation has been in the news a lot lately. Recently, it has always been in the context that inflation is too high. From eggs to rent prices, everything is going up, and whenever someone talks about inflation, lower is always better. However, as many know, the Federal Reserve, the central bank for the United States, has had a de facto target rate of inflation at 2% and an official target rate ever since 2012. So why does the Fed want some level of inflation? Why should ...