John Paulson says double-digit inflation is coming.
| Aphrodisiac plum garrison roast beef | 10/20/12 | | Garnet Abnormal Locale | 10/20/12 | | Bonkers zombie-like dilemma | 10/20/12 | | cordovan location | 10/20/12 | | effete love of her life faggotry | 10/20/12 | | effete love of her life faggotry | 12/20/18 | | Lemon outnumbered boistinker | 10/20/12 | | Aphrodisiac plum garrison roast beef | 10/20/12 | | Silver sound barrier lettuce | 10/20/12 | | Aphrodisiac plum garrison roast beef | 10/20/12 | | Silver sound barrier lettuce | 10/20/12 | | carnelian low-t cruise ship | 10/20/12 | | cordovan location | 10/20/12 | | Aphrodisiac plum garrison roast beef | 10/20/12 | | Gay crusty corner dragon | 10/20/12 | | cobalt shrine nibblets | 09/19/18 | | Bonkers zombie-like dilemma | 10/20/12 | | tantric swashbuckling theater stage | 10/20/12 | | Dead crimson therapy tanning salon | 09/19/18 | | cobalt shrine nibblets | 09/19/18 | | Frum idiot school | 12/20/18 | | effete love of her life faggotry | 12/20/18 | | Frum idiot school | 12/20/18 | | effete love of her life faggotry | 12/20/18 | | Frum idiot school | 12/20/18 | | Cerebral Stage Potus | 09/19/18 | | rusted fighting goyim | 09/19/18 | | Cerebral Stage Potus | 09/19/18 | | submissive burgundy blood rage trust fund | 12/20/18 | | Maroon trump supporter | 12/20/18 | | Supple out-of-control native | 12/20/18 | | Adventurous cheese-eating mediation indian lodge | 12/20/18 |
Poast new message in this thread
|
Date: December 20th, 2018 4:00 PM Author: Frum idiot school
Interesting idea. Giving a central bank an explicit target for something it has limited (at best) control over seems dangerous though, unless the inflation target overrides it. In which case you're really just raising the inflation target and would probably end up in an identical medium/long-term situation in terms of real factors but at a higher inflation rate.
If the "real" variable targets take primacy you would probably end up routinely missing your target, allow inflation to move in unpredictable/variable ways, and gut the credibility of the central bank. Reproduce the 1970s, essentially.
They're ideas I would want to see attempted... somewhere else. In the UK or Korea or something.
(http://www.autoadmit.com/thread.php?thread_id=2085629&forum_id=2#37441771) |
|
|