tag:blogger.com,1999:blog-3758330678390419129.post7568824213466071031..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: The False Promises of Two Percent Price InflationRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3758330678390419129.post-28397218831831090752014-12-15T13:36:30.504-05:002014-12-15T13:36:30.504-05:00Richard is quite right. In New Zealand, where the ...Richard is quite right. In New Zealand, where the 2% inflation regime has been in force since 1990, it has simply been an extra source of revenue for the government which the reserve bank patches up the hole in its accounts by putting up interest rates.<br />Heathhttps://www.blogger.com/profile/15417060063126394938noreply@blogger.com