…Mike Kimel recalled, Keynes also noted that the Phillips curve becomes vertical during a hyperinflation. Unfortunately he makes this point Unfortunately it is expressed in terms of the obscure notation…

…8 year administration on the horizontal axis, and the annualized change in real private investment per capita in the remaining six years along the vertical axis. Figure 2. Notice… administrations…

…what happened the last time a “once-in-a-lifetime event” occurred near the end of a recession. The vertical lines are at September and December of 2001. For a week in September,…

…chapter 21, Keynes also noted that the Phillips curve is vertical during hyperinflations but I won’t look up the paragraph. chapter 21 section VI third paragraph from last. Keynesian economists…

…of petroleum are the result of simple supply and demand curves (which are both extremely price inelastic so almost vertical) and not of speculation. He argues that speculation can only…

…the painfully defined elasticities are not constant. One of those pointless equations is better known as the Phillips curve. Keynes specifically notes that it is vertical in the case of…

…supply curve can be vertical (real aggregate supply is not affected by nominal aggregate dmeand) even when there is involuntary unemployment. I think I get bonus points for appealing to…

…running the public hospitals and specialty centers as private companies. The Health Ministry says that these clusters “provide cooperation amongst the institutions within the cluster, foster vertical integration of services,…

…assets. A vicious cycle ensues of vertical price falls prompting further selling. Liquidity vanishes down a black hole. … Policy makers cannot claim to be surprised by all of this….

…The vertical grey lines are Presidential elections. It shows that there is no significant difference between actual fed funds and the policy index in the period leading up to elections…