alenasatoshi on Nostr: In the 80s, some Roger Douglas, a kiwi minister of finance went on TV and shot a ...
In the 80s, some Roger Douglas, a kiwi minister of finance went on TV and shot a number between 0-1% (no research behind it). Then their central bank corrected Douglas' number to 2% to have more space for their magic.. And other central bankers liked it so much that they just copied the idea.
Also, most economies are export oriented, as exporter you gotta love a stable inflation.
Published at
2024-08-25 18:54:28Event JSON
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