Warsh Slammed by Market Expert: NGDP Growth 'Way Behind The Curve'

Lars Christensen, a prominent Market Monetarist economist, has criticized Federal Reserve Governor Kevin Warsh for being out of touch with current economic conditions. In a recent article, Christensen argues that NGDP growth is too high and inflation is a growing concern.

Christensen's views are in direct opposition to those of Warsh, who recently stated that the economy is on stable ground. However, Christensen believes that NGDP growth rates are unsustainable and will ultimately lead to higher inflation. He cites the current rate of NGDP growth as a key indicator of this trend.