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Saturday, October 29, 2011

"Dear Ben: It’s Time for Your Volcker Moment"

Christina Romer tells Ben Bernanke that we need "aggressive actions," including adopting a nominal GDP target, to "help to heal the economy"

Dear Ben: It’s Time for Your Volcker Moment

No disagreement here about the need for more forceful monetary policy actions. We could use more help from fiscal policy too.

    Posted by on Saturday, October 29, 2011 at 12:24 PM in Economics, Methodology, Monetary Policy | Permalink  Comments (65)


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