https://gdpark.blog/tags/demand-shock/Recent content in Demand Shock on gdpark.blogHugoenThu, 02 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-12-monetary-policy-theory/Thu, 02 Jul 2015 00:00:00 +0000https://gdpark.blog/posts/money-banking-12-monetary-policy-theory/A casual breakdown of the activist vs. nonactivist debate in monetary policy — why deflation is scarier than it sounds, and how central banks chase that ~1–3% inflation sweet spot.