Brad has written about the Goldman memo, which calls for a nominal GDP target — that is, a future dollar value of GDP — that would in effect both promise a significantly higher inflation rate over the medium term and require very large quantitative easing.
Forecasting systems are often divided into four time-scale categories: very short term, short term, medium term, and long term.
We use periods of less than 2 years (very short term), 2 5 years (medium term) and greater than 5 years to qualify these recommendations.
Under the smoothing formula, employers would contribute less in the short and medium term, and more in the longer term.
Calculate how much your short term, medium term, and long term goals are going to cost.
There he declared China "a strategic partner in the short term, medium term, long term, and very long term".
Medium term: very little.
This particular "Path to Prosperity" is, in the short to medium term, very much a path to continued depression.
The bad news is that the group is still "cautious" about revenues over the medium-term and Norman says the "journey to become a very different business" could last five years.
Andrew Gimson is the author of Boris – the Rise of Boris Johnson Clegg had to reassure voters and activists that the Lib Dems have a plan to get the economy moving again in the short to medium term – or, at the very least, in time for the next election.
