07-12-2011, 02:51 PM | #1 |
Assistant to the Regional Manager
Join Date: Aug 2005
Location: The Orgasmatron
Posts: 24,338
|
My two Keynsians
What are we going to do when employment and inflation starts to rise again?
Prove to me in today's world how nominal variables affect real variables?
__________________
Ἓν οἶδα ὅτι οὐδὲν οἶδα |
07-12-2011, 05:35 PM | #2 | ||
Senior Member
Join Date: Jan 2006
Location: NOVA
Posts: 3,005
|
Quote:
Quote:
I'm still at a loss as to what you are. Now you sound like a neutralist. If you think nominal prices don't matter, what good is monetary policy? You and I both believe it's superior to fiscal policy (we are all Friedmanites now).
__________________
太初有道 |
||
Bookmarks |
|
|