Pure inflation targeting (without employment, or other strategic factors) seems to privilege the financial class above all others; and RbNZ ‘independence’ has seen us accrue - two hundred billion dollar deficit in public infrastructure. “The wealth of nations”. So, a mixed bag at best ?
Great article! I learned a lot.
Pure inflation targeting (without employment, or other strategic factors) seems to privilege the financial class above all others; and RbNZ ‘independence’ has seen us accrue - two hundred billion dollar deficit in public infrastructure. “The wealth of nations”. So, a mixed bag at best ?