Monday, October 17, 2011

Goldman Sachs Economists Recommend That the FED Target Nominal GDP

The recommendations for boosting the economy from Jan Hatzius and Sven Jari Stehn can be found here where they also advocate more Quantitative Easing. Of course the leaders of the Republican Party are opposed to such monetary policy – just as they are opposed to anything from the fiscal side that would actually improve economic performance.


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