Scott Sumner
Monetary economist known for NGDP-level targeting; wrote TheMoneyIllusion.
Compiled by korents from Scott Sumner's public statements. They did not create this profile and have not endorsed it. Their own site. Is this you? Claim it or ask us to remove it.
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6 Sept 2010 · held 1 day
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Then said I predicted that aggressive QE would raise long term interest rates, a view which seemed to be refuted by the response on T-bond yields to the March 2009 Fed QE announcement.
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6 Sept 2010 · held 1 day
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Held this A severe US banking crisis is very unlikely.
Then said In 2007 I thought it very unlikely that there would be a severe US banking crisis.
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6 Sept 2010 · held 1 day
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Then said In the 1970s I thought monetary policy operated with long and variable lags, and thus fine-tuning would make things worse.