Alp Simsek on a Risk-Centric View of Demand, Recession, and Speculation
Macro Musings with David Beckworth
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Is There a Macro Potential Policy That Will Work?
The more leverage you have the more basic Fragility is in the system and the shock More damaging. So that's definitely would be one of the parameters that going to rule. You know, they've been very Vigilant about watching credit growth. In fact, they have some a series where they Track credit to GDP and then look at it relative to an HP trend. If we can't use it you suggest using monetary policy Let me go back to the other suggestion I mentioned earlier I mean, I think roger farmer's suggestion is you would target a stock market index now.
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