I promise this is not just another “please support NGDP targeting” post.
Sandro, wonderfully explained. It is somewhat a myth that central bankers are merely targeting inflation. Reality is more nuanced than this. Mind if we link back to you as a source on our NGDP explainer at https://www.lianeon.org/p/what-is-ngdp-targeting?utm_source=%2Finbox&utm_medium=reader2 ??
Sandro, wonderfully explained. It is somewhat a myth that central bankers are merely targeting inflation. Reality is more nuanced than this. Mind if we link back to you as a source on our NGDP explainer at https://www.lianeon.org/p/what-is-ngdp-targeting?utm_source=%2Finbox&utm_medium=reader2 ??