Seductive slogans versus the reality of monetary policy
The claim the Reserve Bank is only concerned with inflation is one of the biggest economic myths in New Zealand. It is high time it was laid to rest.
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There was a moment on election night when one of the shallower television commentators pontificated that “no one cares” about changes to the Reserve Bank Act.
Some of the more thoughtful viewers would have been spluttering into their election night brew.
A lot of people do care,
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Rob Hosking
Fri, 13 Oct 2017
Fri, 13 Oct 2017
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Seductive slogans versus the reality of monetary policy
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