what do you think of the Krugman proposal that the Bank of Japan set an
inflation target of 2 or 3 percent per year in order to fight deflation and
get real interest rates down (to stimulate spending)?
Jim D
> what do you think of the Krugman proposal that the Bank of Japan set an
> inflation target of 2 or 3 percent per year in order to fight deflation
and
> get real interest rates down (to stimulate spending)?
> Jim D
To my mind, Krugman is more a paid consultant and NYT author than he is an
econom