Eric Lonergan on Helicopter Drops and How to Improve Monetary Policy
Macro Musings with David Beckworth
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Is There a Nominal GDP Target?
Inflation targets are largely redundant, because i think there's no inflation. The idea of having very stable or stable growth in nominal g d p seems to me to be entirely reasonable. Ah, but i wouldn't sacrifice if i saw rising on employment. If i was meeting my nominal gd p target, i would raise nominal gp target.
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