Re:New Zealand plunges into recessionary spiral
by astrange on Friday November 04, 2022 @05:46PM
(#33474274)
"Central bankers are extremely measured in their comments" is usually true, but it's a funny thing to say about New Zealand, because the reason the US and other countries have a 2% inflation target is almost literally because a New Zealand central banker made it up off the top of his head on TV once.
This works okayish but, you know, could be better. (Some more explanation at https://someunpleasant.substack.com/p/the-prime-directive.)