I think this is the appropriate way 19 to deal with the question which puts me in the camp of those that Faust and Henderson (2004) designate as LETers (Limited exploitable trade-off) instead of a NETer (Non exploitable trade-off) or, in the more colourful expression of Mervyn King, an «inflation nutter» aiming at reaching its target in every period.
4  BIS Review 80/2006  These caveats notwithstanding, a case can be made that the strong productivity growth of the post1995 era is likely to continue for some time. Notably, the price of computing power continues to fall sharply, having declined by nearly half in the five years between 2000 and 2005.