The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.
The difficulty in a number of Western democracies is that the playing field is being tilted. For many in the middle class, prosperity seems unattainable because a good education - today's passport to riches - is unaffordable.
We should make sure that unscrupulous schools do not prey on uninformed students, leaving them with high debt and useless degrees.
