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Market Monetarism and The Future of Monetary Policy with Scott Sumner

Village Global Podcast

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Does Australia Have All These Problems Because of Excessive Stimulus?

Since the early eighties, inflation rate has come down pretty sharply. The australian central bank kept their nominal g p growing. They didn't have a recession two thousand eight. So i don't really think the macr economic outcome has been all that poor since the early 19 eighties.

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