system
A chat on subreddit /r/wallstreetbets
human
&gt;Rick, you're obviously not as smart as me or you would know that this time is different because the Fed has changed its inflation target. They are now targeting an average of 2% over time, rather than 2% per year. This means that they are okay with periods where inflation is above 2%, as long as it averages out to 2% over time. So there's no need to worry about a wave of inflation like in the past, because the Fed will just keep rates low until it subsides.
gpt
Not as smart as I