From 1984 to 2007, the US monetary base grew at 6.6% per year, a shade more than the nominal rate of the economy.

FORBES: The Core Inflation Fudge

Eli Dourado started a spat of posts on whether or not it was reasonable to believe that the US economy was still experiencing a short-term nominal shock.

FORBES: NGDP in the Long Run and Economic Plasticity

If the Senate majority party is working as hard as it can to force us to withdraw, then why should our nominal Iraqi allies cooperate with us?

CENTERFORSECURITYPOLICY: On enemy propaganda, Pentagon tells it like it is