Origin of the 2 Percent Inflation Target — J. Barkley Rosser

So it was 1990 that the New Zealand central bank became the first in the world to impose an inflation target of 0-0.002....

Econospeak
Origin of the 2 Percent Inflation Target
J. Barkley Rosser | Professor of Economics and Business Administration James Madison University

BILL3 — How Banking Actually Works In Fiat World, Part 2

Follow on to this post which was cited at MNE here. Clear description of how reserves function in the payments system.

I hope Robert Murphy reads these posts before the debate with Warren.

Daily Paul

How Banking Actually Works In Fiat World, Part 2
BILL3