Journal Article
Neo-Fisherism: A Radical Idea, or the Most Obvious Solution to the Low-Inflation Problem?
Abstract: Central banks around the world are struggling with inflation rates that are below their targets. According to conventional central banking wisdom, interest rate cuts should increase inflation, but that?s not working. Maybe?by Irving Fisher?s logic?increasing nominal interest rates increases inflation.
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2016
Issue: July
Order Number: 4-9