@psychothumbs to [email protected]English • 1 year agoHow Low Must Inflation Go?www.nytimes.commessage-square5arrow-up11arrow-down10
arrow-up11arrow-down1external-linkHow Low Must Inflation Go?www.nytimes.com@psychothumbs to [email protected]English • 1 year agomessage-square5
minus-square@[email protected]linkfedilinkEnglish2•1 year agoThanks! You rock. Looks like it’s mostly just an explanation of why the heck we have inflation targets in the first place. I did not know that the practice started in New Zealand, TIL.
minus-square@psychothumbsOPlinkEnglish1•1 year agoYeah it’s a bizarre story to have tiny country pick an arbitrary target and then having it get picked up with little scrutiny by the most powerful institutions in the world.
Thanks! You rock.
Looks like it’s mostly just an explanation of why the heck we have inflation targets in the first place.
I did not know that the practice started in New Zealand, TIL.
Yeah it’s a bizarre story to have tiny country pick an arbitrary target and then having it get picked up with little scrutiny by the most powerful institutions in the world.