The U.S. Economy: Are Analysts Missing the Point?
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ABSTRACT The conventional view on the U.S. economy is that economic growth above “potential” is bad for bonds since it spells inflation. The purpose of this note is to show that following the Volker deflation (l980-82), the policy regime changed, and greater economic stability obtained.
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SciELO journals创建时间：
2022-06-29
