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Thomas LESINSKI
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QE1/2 was essentially Chuck Norris entering the room and threatening to beat up everybody in the room, except those holding a no-beating voucher that he'd distribute to everybody first.
STOP PAYING INTEREST ON EXCESS RESERVES.
Commented Oct 21, 2011 on E(NGDP) level-path targeting for the people of the concrete steppes at Worthwhile Canadian Initiative
E(NGDP) level-path targeting for the people of the concrete steppes
"But what concrete steps will the Fed actually take to raise Nominal GDP? Can anyone tell me that?" I must have heard that question a hundred times over the last couple of years. And a dozen more times in the last day, ever since Paul Krugman endorsed the proposal to target NGDP. I always imagin...
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Oct 21, 2011
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