In his blog, Marcus Nunes comments on Allan Meltzer’s five-year long inflation forecast. He believes that Meltzer is looking at the wrong money supply measure, and using CFS Divisia M4, Nunes shows what money growth has been.
In his blog, Marcus Nunes comments on Allan Meltzer’s five-year long inflation forecast. He believes that Meltzer is looking at the wrong money supply measure, and using CFS Divisia M4, Nunes shows what money growth has been.