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21min chapter
Different Matters with Dr Don Brash
Different Matters by Damien Grant
Economic Models and Central Bank Independence
The chapter delves into the historical context of managing economic decisions, discussing figures like Roger Kerr and the establishment of an independent central bank. It explores the complexities of economic models like the Phillips curve, highlighting the relationship between inflation, unemployment, and expectations. The conversation also touches on the responsibilities and pressures of maintaining inflation targets, emphasizing the importance of managing expectations for driving economic outcomes.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode