What you need to think if you are calling for a NGDP target

Don’t worry. I am not going to write another post arguing that the world’s problems would all go away if its central banks adopted a NGDP level target (it has been over 10 years now, give it a rest!). There are plenty out there already: this one by Sam Dumitriu is a good place to start,Continue reading “What you need to think if you are calling for a NGDP target”