You just got Sumnered

Sometimes one forgets how great an economist Scott Sumner is.

One may disagree with the feasibility of some of his NGDP targets proposals.

One may disagree with some of his “the banking sector is not essential”.

But one can’t deny he is (probably) one of the best monetary economists of our generation.

The following post on currency manipulation would speak higher than any other compliment I can make:


(And yes, David Glasner is probably even higher in my top favorite monetary economists)