tag:blogger.com,1999:blog-8897997766931633186.post357368054653695764..comments2024-02-14T03:21:37.506-05:00Comments on Monetary Freedom: Still More on Final Sales and GDP (nominal).Bill Woolseyhttp://www.blogger.com/profile/06330232724290161369noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8897997766931633186.post-61348765753075262712015-12-28T09:50:31.191-05:002015-12-28T09:50:31.191-05:00Frankly speaking, I don’t think we can say much on...Frankly speaking, I don’t think we can say much on this; it is really hard to say anything with certainty. I trade with OctaFX broker, it is a really solid company and got great benefits with having swap free account, it allows me to trade with long term targets without any worry while there is also expert news and analysis service available, it really helps me with the performance and allows me to be successful fairly easily in all situations.Morkelnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-59152010722729663632011-02-26T08:48:53.513-05:002011-02-26T08:48:53.513-05:00Nice article, thanks for the information.Nice article, thanks for the information.rental elfhttp://rentalmobil911.webs.comnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-12231701476028448592011-02-12T19:00:06.176-05:002011-02-12T19:00:06.176-05:00Bill: Interesting. I had never thought about this....Bill: Interesting. I had never thought about this.<br /><br />In a world where the optimal/efficient quantity of apples produced is constant (or growing at a constant rate), it would make sense for monetary policy to target GDP.<br /><br />Suppose, however, that the reason they hold inventories is to smooth out consumption of apples despite fluctuations in the efficient level of production, due to weather.<br /><br />In that case, targeting final sales would seem to be better.<br /><br />I think you need to take a position on why inventories are held. it might be:<br /><br />1. To allow smooth consumption despite efficient fluctuations in production. Target final sales.<br /><br />2. To allow smooth production despite efficient fluctuations in consumption. Target GDP.<br /><br />3. To respond to inefficient fluctuations in monetary policy. Target either GDP or final sales.Nick Rowehttps://www.blogger.com/profile/04982579343160429422noreply@blogger.com