Marcus Nunes 

@marcusnunes
Macro-economic and monetary policy analyses.

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Hating the minions

Several authors say the long period of economic stability from the second half of the 80s up to the mid 00s was due to "luck" or "accidental". Maybe that´s because it doesn´t fit into their preffered models...If they only looked at the importance of Nominal Stability, and how that is related to an "appropriate" monetary policy (maintaining monetary equilibrium)...

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Check out my new post!

For macroeconomic stabilization purposes, monetary policy is the only game in town