The discussion quickly turned to the difficulty of measuring inflation accurately and the need to build in a “safety cushion” to avoid deflation. According to Greenspan, “Price stability is that state in which expected changes in the general price level do not effectively alter business and household decisions.”
Diskuse se rychle stočila k nesnadnosti přesného měření inflace a nutnosti vytvořit „bezpečnostní nárazník,“ aby se předešlo deflaci.