Australia's Great Stagnation is a new post from Scott Sumner wherein he is "perplexed" that his frequently cited example of monetary offset at work has started to lag in NGDP growth.
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Sumner is confused about Australia; I am not
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Australia's Great Stagnation is a new post from Scott Sumner wherein he is "perplexed" that his frequently cited example of monetary offset at work has started to lag in NGDP growth.