It’s true that I prefer NGDP Targeting like many other market monetarists. But I also think the Fed did a pretty good job during the Grand Moderation without NGDP Target.In fact, market monetarism is mostly about another set of ideas. The important thing here is to keep in mind that NGDP targeting is not on […]
All posts tagged NGDP Target
Market Monetarism is more than NGDP Targeting
Posted by kgorgen on October 21, 2020
https://www.themoneymischief.com/market-monetarism-is-more-than-ngdp-targeting/
Grasping the Root
The Joint Economic Committee recently published a new annual report, written by Alan Cole. In my opinion, the report is ten times better than all of the qualified economic journals written in 2020.It’s not possible to review the entire report here, but I will share some parts that I like. Let’s start with the Great […]
Posted by kgorgen on September 26, 2020
https://www.themoneymischief.com/grasping-the-root/
