Scott Sumner
Monetary economist known for NGDP-level targeting; wrote TheMoneyIllusion.
Scott Sumner did not write this page. We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it.
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6 Sept 2010
Our reading
No longer holdsAggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them.
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6 Sept 2010
Our reading
No longer holdsA severe US banking crisis is very unlikely.
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6 Sept 2010
Our reading
No longer holdsMonetary policy operates with long and variable lags, so attempts to fine-tune the economy make things worse.