Macro Musings with David Beckworth cover image

Alp Simsek on a Risk-Centric View of Demand, Recession, and Speculation

Macro Musings with David Beckworth

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Price Level Targeting

I'm a big fan of nominal GDP level targeting. One of the arguments forward is that it it stabilizes expectations and let me Qualify that by saying a credible level target. I think having something like this would go a long way for including These are sessions. The price will shoot so any sort of future um Interest reduction that you can convince people of are going to be a useful thing.

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