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We're at university together http://boobs.pet/ reddit boobs  Increased interest in this issue as opposed to the issue of fine-tuning the economy reflects the general intellectual consensus that has emerged on two points. First, what the monetary authority surely can control in the long run is the growth rate of nominal income. Second, issues of dynamic consistency and commitment are crucial to the design of appropriate monetary policies. Beyond its recognition of these points, my view is that most of what the academic economics community has had to say on the issue of long-run monetary strategy has been tangential at best, and I fear that many of the papers at this conference have not done much to improve the situation.
Sanford 2019-06-07 15:38:22

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