Amazon Kills the Fed's Inflation Target

Assuming the Fed could manage prices in the first place (it can't), it's surely not the job of businesses to compete less aggressively, and for consumers to attain less in return for their work, just so the Fed can achieve its witless targets. Only among Fed economists untouched by reality (enabled by economics journalists equally unfamiliar with reason) could rising prices for consumer goods amount to a desirable outcome.