If President Trump truly gained control of Fed policy, monetary decisions would likely cater to short-term political goals rather than the long-term stabili ...| thedailyeconomy.org
While the idea of reducing interest costs by converting existing debt into ultra-long, low-yielding bonds might sound like a creative solution to America’s ...| thedailyeconomy.org
I haven’t read Scott’s latest book, but I’ve always had the sense that Scott considered NGDP targeting a monetary rule, not an aid to discretion. | askblog