tag:blogger.com,1999:blog-8897997766931633186.post1885750548956333504..comments2024-02-14T03:21:37.506-05:00Comments on Monetary Freedom: Scott Sumner's TargetBill Woolseyhttp://www.blogger.com/profile/06330232724290161369noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8897997766931633186.post-78112992762670381902016-10-04T13:23:35.371-04:002016-10-04T13:23:35.371-04:00We got to be very careful with all these GDP updat...We got to be very careful with all these GDP updates and must prepare our self correctly. I always look for experts help with blogs like these while I can also monitor what top traders are putting up easily through my broker OctaFX, as I can do it through their system on their web site, it’s fabulous and really helps up with working for me, so it makes me really comfortable with doing everything and allows me to do everything nicely.Laughlinnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-78933414327432050412011-10-08T13:16:20.908-04:002011-10-08T13:16:20.908-04:00You have to front-load liquidity injections, i.e.,...You have to front-load liquidity injections, i.e., very high for up to 6-10 months. And you'll have to find a different way to forecast nominal gDp.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-60598246708536722562011-10-03T18:30:48.034-04:002011-10-03T18:30:48.034-04:00Q2 for 2011, the last data we have for nominal GDP...Q2 for 2011, the last data we have for nominal GDP.John Hallnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-37379520482709252542011-10-03T17:56:49.316-04:002011-10-03T17:56:49.316-04:00John:
Sorry, but Q2 for what year?John:<br /><br />Sorry, but Q2 for what year?Bill Woolseyhttps://www.blogger.com/profile/06330232724290161369noreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-88035473546266695302011-10-03T17:36:29.409-04:002011-10-03T17:36:29.409-04:00I have to be honest, I think you misinterpret Sumn...I have to be honest, I think you misinterpret Sumner somewhere. As far as I recall, he almost always has favored some form of level targeting. Assuming he meant the first two 6%s were for the historical (not necessarily what he means either), then he would prefer a nominal target of 15.7trn in Q2 and then growing at 5% after that. This would suggest a one-year target of like 8.8% nominal GDP growth to get back to his trend.John Hallnoreply@blogger.com