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NGDP targeting: is five percent too much?
That’s the title of a new working paper that you can find here. The topic is closely related to a previous post that I wrote here at the Sound Money Project. In that post, I questioned the validity of NGDP targeting. Surely, there is no such thing as the perfect nominal indicator, however, as long as different variables have different […]
READ MORERethinking “Safe” Investing as Retirement Approaches
When it comes to retirement drawdown strategies, what you read in the popular and financial press is often focused on households with higher-than-average savings.
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