4 Comments
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William Ellis's avatar

I've read Sumner for years. He's never explained NGDP targeting as well as you did.

Neocentrist's avatar

Thank you, highly appreciated!

J.K. Lundblad's avatar

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 ??

Neocentrist's avatar

Sure, go ahead!