Friday , September 17 2021
Home / S. Sumner: Money Illusion / Robert Perli on QE

Robert Perli on QE

Summary:
[unable to retrieve full-text content]Politico has an interesting piece discussing the Fed’s current QE program. Some pundits correctly point out that the economy probably doesn’t need any more demand stimulus at the moment. Robert Perli responds that the Fed might want to continue QE in order to insure that its policy announcements continue to be credible: The effect of […]

Topics:
Scott Sumner considers the following as important:

This could be interesting, too:

Menzie Chinn writes More on the China Slowdown

Tyler Cowen writes Wednesday assorted links

conversableeconomist writes How Poverty Changed in 2020: Mixed Measures

Menzie Chinn writes Wisconsin Monthly Economic Update

Politico has an interesting piece discussing the Fed’s current QE program. Some pundits correctly point out that the economy probably doesn’t need any more demand stimulus at the moment. Robert Perli responds that the Fed might want to continue QE in order to insure that its policy announcements continue to be credible: The effect of […]
Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

Leave a Reply

Your email address will not be published. Required fields are marked *