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Assuming this ensures BI not to overshoot the correct value, how do you ensure BI not to undershoot the correct value?



I don't have a specific proposal. It would seem less likely to have some sort of "spiral out of control" type risk, though, since we've already got a BI of zero.

I should amend my previous statement, though - BI should track targeted inflation, it should not track actual inflation.




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