Swiss Economicblogs.org
It goes without question, among economists of the central planning mindset, that if a central bank can just set the right quantity of dollars[1], then the price level, GDP, unemployment, and everything else will be right at the Goldilocks Optimum. One such approach that has become popular in recent years is nominal GDP targeting. How does a central bank affect the quantity of dollars? In discussing a nominal income...
Read More »Money Supply Arguments Are Flawed
