Schlagwort-Archive: trade barriers

Why NGDP targeting and printing money do not work

I’ve long thought that printing money and/or NGDP targeting are no solution to this crisis. The reasons? First, boosting demand does not depend on inflation. It depends on wage inflation being bigger than price inflation This was the case with … Weiterlesen

Veröffentlicht unter Uncategorized | Verschlagwortet mit , , , , | Kommentar hinterlassen