Friday, 4 November 2011

Goldman Idea Could Let Inflation Out of the Bottle: Amity Shlaes

Nov. 3 (Bloomberg) -- There are bad ideas, and there’s the proposal that economists from Goldman Sachs Group Inc. released Oct. 14. They suggested that the Federal Reserve Board target a nominal gross-domestic-product growth rate of 4.5 percent to decide how much money to inject into the economy ...


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