The text Web site links to “Inflation Targeting for the United States?," a 2005 article by economist Marvin Goodfriend, and to a comment on the article by Donald Kohn, then the vice-chair of the Fed. Goodfriend supports inflation targeting and Kohn opposes it. Write a brief essay saying which side you agree with and why. Have events since 2005 bolstered Goodfriend’s or Kohn’s arguments?