Shows how prone to error Inflation Targeting can be
Kudos. One of the best economic blogs.
Irving Fisher was one of the best economists to ever live (Leland Pritchard was the best).
You can't explain inflation without the distributed lag effect of money flows.
Kudos. One of the best economic blogs.
Irving Fisher was one of the best economists to ever live (Leland Pritchard was the best).
You can't explain inflation without the distributed lag effect of money flows.