Central banks' shooting for a specific rate of inflation may seem like gospel now, but it wasn’t always that way. Mario Seccareccia, professor of economics at the University of Ottawa, traces the history of the policy from New Zealand to the U.S.
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Does Inflation Targeting Make the Poor Poorer?
https://www.youtube.com/watch?v=2Tztcva010Y
Central banks' shooting for a specific rate of inflation may seem like gospel now, but it wasn’t always that way. Mario Seccareccia, professor of economics at the University of Ottawa, traces the history of the policy from New Zealand to the U.S.