but even the 1970s evoke different experiences among countries
But that means your advice boiled down to its essence is that we need a 5-6% drop in real GDP. Maybe more as inflation ramps. Maybe less as inflation reacts to your advice.
But that means your advice boiled down to its essence is that we need a 5-6% drop in real GDP. Maybe more as inflation ramps. Maybe less as inflation reacts to your advice.