Inflation, Debt, and The Fed (Part 2) with Scott Sumner and Lyn Alden
Village Global Podcast
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Is There a Slowdown in Nominal Growth?
There's two parts to this long turnd downward tread, an interost trats and slower nominal g d p growth produced by changes in government policies. So i guess i differ a little bit on the periods when you don't have the and rise in prices associated with monetary stimulus or fiscal stimulus. Om i think lynd mentioned things like technological progress and so on. The thing i focus on is the demand for money. And ah, you know that occurs throughout history, in some of these cycles.
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