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This is additional commentary from Richard Clarida that didn\'t make it into the episode. Legendary Fed Chairman Paul Volcker was highly critical of the Fed\\u2019s policy of targeting 2% inflation, saying he saw \\u201cno theoretical justification\\u201d for it and that if successful, it \\u201cwould mean the price level doubles in little more than a generation.\\u201d In this EXTRA exclusive, Former Fed Vice Chair Richard Clarida defends the 2% solution.