Larry Kudlow says he hopes the US Federal Reserve understands that low unemployment does not cause inflation. Theory be damned.
See it here: https://qz.com/1318640/larry-kudlow-has-ditched-the-phillips-curve-and-its-not-crazy/
See it here: https://qz.com/1318640/larry-kudlow-has-ditched-the-phillips-curve-and-its-not-crazy/
Trump’s top economic adviser has ditched the Phillips curve—and it’s not crazy
![Trump’s top economic adviser has ditched the Phillips curve—and it’s not crazy]()
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June 30, 2018
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