When Did The Central Banks Start To Control Growth Via Inflation-targeting
It started in New Zealand in 1980s, when going through a rough economic period, they did an extremely successful experiment and managed to control country's inflation to ~3%
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On this episode
- What Causes Inflation Transcript
- How Is Interest Rate Used To Control The Value Of Money Transcript
- When Did The Central Banks Start To Control Growth Via Inflation-targeting Transcript
- When Are We Going To See The Next Major Inflation Transcript