The Traderszone Network

Published in TZ Latest News 1 January, 2016 by The TZ Newswire Staff

A question for New Keynesians

As you know, I often argue that inflation doesn’t play a useful role in macroeconomics.  In places where economists put inflation into their models, NGDP growth would be much more useful.  Obviously lots of people don’t agree with me, and this post is aimed at those people.  Here’s my question:

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