Monday, December 20, 2010

Larry King, guest blogger


"Here's my problem with nominal GDP targeting; 5% inflation with 0% growth and 1% inflation with 4% growth are not evaluated any differently."

"Now that a judge has ruled against Obamacare, what will happen to the quantitative easing?"

"The Ben Benank should either shave or resign."


Labels: ,

Slices, Individually Wrapped

3 Comments:

At 3:06 PM, December 20, 2010 , Anonymous Contemplationist said...

Uh dude
That is precisely the ADVANTAGE of nominal GDP targeting. That it maintains a symmetry thereby minimizing excessive bias in either direction. You are condemned to read all posts on Scott Sumner's blog before commenting again.

 
At 4:21 PM, December 20, 2010 , Anonymous Anonymous said...

This, my friends, is what we call a complete commenting fail.

You're condemned to the lighter sentence of reading this blog post again, including the title this time.

 
At 8:20 AM, December 21, 2010 , Blogger Tom said...

I knew there must be a reason I haven't watched Larry King in twenty years.

 

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