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? |
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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). |
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