When Did New Zealand Start Targeting Inflation?
at 15:42
Answer
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%
Where this answer comes from
- Show
- EconTalk
- Episode
- Milton Friedman on Money
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People
More notes from this episode
- What Causes Inflation Transcript
- How Is Interest Rate Used to Control the Value of Money Transcript
- When Did New Zealand Start Targeting Inflation? Transcript
- When Are We Going to See the Next Major Inflation Transcript
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