Friday, July 22, 2016

Brian Romanchuk — NGDP Futures Convertibility -- Unworkable?


Wonkish and only interesting if you are aware of the proposals and controversy. But if you are, it's a must-read. Sumner and Woolsey are economists and don’t have a good trip on finance and how it works, as Mike Sankowski has pointed out previously. Brian follows up on the latest proposal.

Bond Economics
NGDP Futures Convertibility -- Unworkable?
Brian Romanchuk

1 comment:

Random said...

BTW have you seen all the paranoia over this in the UK:

https://twitter.com/RichardJMurphy/status/756515150685999105