Saturday , February 27 2021
Home / Scott Sumner /Beware the New Price Bubbles? Not So Fast

Beware the New Price Bubbles? Not So Fast

Summary:
The GameStop bubble doesn't demand government intervention. Read more at The Hill.

Topics:
Scott Sumner considers the following as important:

This could be interesting, too:

Tyler Durden writes In Final Days, Trump Gave Up On Forcing Release Of Russiagate Files, Nunes Investigator Says

Tyler Durden writes Biden Carries Out Air Strikes In Syria Targeting “Iranian-Backed” Militia

Tyler Durden writes McConnell Says He’d “Absolutely” Back Trump If He’s 2024 GOP Nominee

Tyler Durden writes New California Bill Would Fine Retailers With Separate “Girls” & “Boys” Sections

The GameStop bubble doesn't demand government intervention. Read more at The Hill

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". In May 2012, Chicago Fed President Charles L. Evans became the first sitting member of the Federal Open Market Committee (FOMC) to endorse the idea.

Leave a Reply

Your email address will not be published.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