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.
Rob Hosking
Fri, 13 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.