Comment on Brad Delong: Can We Generate Controlled Reflation in a Liquidity Trap?
A Reader's Reaction to:
Only Four Ways Out by Brad Delong.
Summary
Brad Delong overlooks several highly effective ways of exiting liquidity traps without overshooting toward excess inflation, according to Scott Sumner of Bentley University.Recommended Citation
Sumner, Scott
(2009)
"Comment on Brad Delong: Can We Generate Controlled Reflation in a Liquidity Trap?,"
The Economists' Voice:
Vol. 6
:
Iss.
4, Article 7.
DOI: 10.2202/1553-3832.1543
Available at: http://www.bepress.com/ev/vol6/iss4/art7
