Does Inflation Targeting Make the Poor Poorer?

The video discusses inflation targeting, a policy framework that became popular in the 1990s, originating in New Zealand. It explains how central banks use interest rate policies to control inflation and its impact on income distribution. The video also covers historical income policies and critiques the effectiveness of inflation targeting, highlighting the lack of evidence supporting its benefits on productivity and economic welfare.

What are the implications of inflation targeting for wage growth and labor market dynamics?

In what ways did the central bank's focus on inflation impact its other economic goals?

What evidence is there regarding the effectiveness of inflation targeting on productivity growth?

How did the inflation rate and interest rates behave in Canada during the recent financial crisis?