The global stock markets have been facing some headwinds recently, and there may be numerous reasons for this. One obvious one is the recent rebound in oil prices, which I believe is essentially driven by markets’ expectation that the Saudi-led global oil price war is now ending. 991 more words
Tags » Ngdp Targeting
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This core question — How much should the government use its power to tax and spend to redistribute wealth in pursuit of a more equal society?
“Cursive handwriting is useless, but politicians want students to learn it anyway,” by Libby Nelson.
“The revival of interest in nominal GDP (NGDP) targeting has come in the context of large advanced economies. 198 more words
Over the past six years the “hawks” among UK and US central bankers have been proven wrong. They have continued to argue that a spike in inflation was just around the corner because monetary policy was “high accommodative”. 399 more words