A 2% Inflation Rate Requires in the Long Run a 4% Rate of Growth in the Employment Cost Index

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A 2% Inflation Rate Requires in the Long Run a 4% Rate of Growth in the Employment Cost Index

From Paul Krugman:

Economics and Politics by Paul Krugman - The Conscience of a Liberal - NYTimes.com-1.png

Just saying.

Posted on January 31, 2011 at 11:20 in #economics, #monetaryeconomics, Obama Administration | Permalink | Comments (2)

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