President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (114423)	5/30/2012 11:05:09 PM
From: tejek	Read Replies (3) of 149317

Below is the best article I've seen on the problems with monetary policy today and how to tweak what the Fed is doing to produce a better outcome. Even though it takes a solution that is not what I have previously espoused, the author convinced me that it might be a good approach, because they target nominal income, which I have said is a better measure of economic health than GDP (spending). Check this out... It sounds oddly keynesian.

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