tag:blogger.com,1999:blog-5713178645208582139.post2983389780473430104..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: A Work Around for the Fed's Knowledge ProblemDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-5713178645208582139.post-80805676306324244172015-08-27T17:08:17.801-05:002015-08-27T17:08:17.801-05:00Anon 1:
Relative prices are probably the most fund...Anon 1:<br />Relative prices are probably the most fundamental aspect of all of economics. I was taught this by my PhD Production professor in a mainstream program.<br /><br />Anon2:<br />I appreciate the sentiment.<br /><br />Prakash:<br />Maybe for the initial transactions but rounds 2, 3, 4, etc. aren't necessarily easily predicted. I don't even think we have the data for it.Levi Russellhttp://www.farmerhayek.comnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-41627096167904958122015-08-22T05:26:04.090-05:002015-08-22T05:26:04.090-05:00According to this policy, money supply remains con...According to this policy, money supply remains constant in the case of natural disaster or shortage.<br />Shruti Kappor<br /><a href="http://www.raaas.com" rel="nofollow">Chartered Accountant in Delhi</a><br /><a href="http://www.payrollservicesindia.com" rel="nofollow">Payroll Services in India</a>Payroll Serviceshttps://www.blogger.com/profile/13185232544415986681noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-75979571401687063742015-08-21T09:25:45.968-05:002015-08-21T09:25:45.968-05:00 HOW I GET A LEGIT LOAN @ 2% INTEREST RATE
... HOW I GET A LEGIT LOAN @ 2% INTEREST RATE<br /> I was not sure of getting a legit loan lender online But when i could not face my Debt any more, my son was on hospital bed for surgery that involve huge money and i also needed some money to refinance and get a good home then i have to seeks for Assistance from friends and when there was no hope any more i decide to go online to seek a Betris Mayahttps://www.blogger.com/profile/10863753668638851788noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-68426994347269352862015-08-18T08:29:41.496-05:002015-08-18T08:29:41.496-05:00Note this line from last paragraph: "Under th...Note this line from last paragraph: "Under this rule the Fed would simply stabilizes the path of total dollar spending." Stabilizing a growth path is level targeting.David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-8792663116509304152015-08-18T05:14:16.034-05:002015-08-18T05:14:16.034-05:00Why are you talking about growth targeting, rather...Why are you talking about growth targeting, rather than level targeting? Michael Margolishttps://www.blogger.com/profile/00454854828001494319noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-8522642679260123112015-08-17T03:29:01.338-05:002015-08-17T03:29:01.338-05:00In the spirit of following rules, if the assets to...In the spirit of following rules, if the assets to be purchased are also specified in advance, then the cantillon effects are probably only one time. (On the day of the initial policy announcement)Prakashhttps://www.blogger.com/profile/10227431671018440503noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-4914560685083722482015-08-16T11:08:02.889-05:002015-08-16T11:08:02.889-05:00To be clear, the dumb comment was the response to ...To be clear, the dumb comment was the response to Levi, not Levi. I didn't think it wouldn't further indent my comment...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-32478860449929389842015-08-16T11:06:51.223-05:002015-08-16T11:06:51.223-05:00Is there some kind of awards events for really, re...Is there some kind of awards events for really, really dumb comments? Cause I've found my nominee.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-85961381026373691312015-08-16T00:44:47.333-05:002015-08-16T00:44:47.333-05:00Except their is little distortion going on since 2...Except their is little distortion going on since 2008. Relative prices are a intellectual creation and rentiers like Austrians always want to collect rent. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-18142358479842966342015-08-15T19:07:19.323-05:002015-08-15T19:07:19.323-05:00NGDPLT would distort relative prices just like the...NGDPLT would distort relative prices just like the current regime does. Cantillon effects can't be avoided. I see this as the major point the Austrians have been making at least since 2008, and probably since the 1920s.Levi Russellhttp://www.farmerhayek.comnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-45467500640064317412015-08-14T21:32:57.719-05:002015-08-14T21:32:57.719-05:00Great post. I would add that since it is impossibl...Great post. I would add that since it is impossible to know exactly what is going on in the real economy even with NGDP LT, it is better to run the economy a little bit hot, and tolerate a slightly higher inflation rate than maybe one would have in Utopia.<br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-69111406226996957672015-08-14T20:04:54.069-05:002015-08-14T20:04:54.069-05:00And what´s astonishing is that even the IMF knows ...And what´s astonishing is that even the IMF knows that the way it´s done, mon pol decisions are made in the dark!<br />https://thefaintofheart.wordpress.com/2015/08/14/ngdp-a-sufficient-statistic/<br />João Marcushttps://www.blogger.com/profile/13658264244033012660noreply@blogger.com