1. Course “Macroeconomic Policy” Prof. Martin Gilman
CLASS #5
15 February 2017

2. US. Velocity of Money since 1960 An extra dollar generates the least GDP ever in the U.S.

3. US. Citibank Stagflation

4. US. Inflation measures since 1990

5. EA. PMI indicator since 2005

6. US treasury yields. February 13

7. US. DB projection of FED SOMA (system of open MKT accounts)

8. US. monthly S and P since 1995

9. US. dollar and interest rate divergence

10. German inflation since 2013

11. China prices PPI and OECD CPI

12. Emerging Markets will dominate the World’s Top 10 Economies in 2050 (GPD at PPPs)

13. Projected GPD rankings (at PPPs)

14. Projected average real GPD growth p.a., 2016-2050