What is NGDP Targeting ?

Most countries have a central bank that sets monetary policy for the nation. The leaders of these central banks are unelected and (theoretically) apolitical, enabling them to make objective and sometimes unpopular decisions for the greater good. Central banks are mandated to guide actual economic output as close to potential output as possible. But current inflation-rate…

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J. Lund

J. Lund

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Futurist/Human Progress Enthusiast/Risk Manager | BA in PolySci and MS in Mgmt | Founder of The Lianeon Project at http://www.lianeon.org