If there is a dS/CFT correspondence, time evolution in the bulk should
translate to RG flows in the dual euclidean field theory. Consequently,
although the dual field is expected to be non-unitary, its RG flows will carry
an imprint of the unitary time evolution in the bulk. In this note we examine
the prediction of holographic RG in de Sitter space for the flow of double and
triple trace couplings in any proposed dual. We show quite generally that the
correct form of the field theory beta functions for the double trace couplings
is obtained from holography, provided one identifies the scale of the field
theory with (i|T|) where T is the `time' in conformal coordinates. For dS(4),
we find that with an appropriate choice of operator normalization, it is
possible to have real n-point correlation functions as well as beta functions
with real coefficients. This choice leads to an RG flow with an IR fixed point
at negative coupling unlike in a unitary theory where the IR fixed point is at
positive coupling. The proposed correspondence of Sp(N) vector models with de
Sitter Vasiliev gravity provides a specific example of such a phenomenon. For
dS(d+1) with even d, however, we find that no choice of operator normalization
exists which ensures reality of coefficients of the beta-functions as well as
absence of n-dependent phases for various n-point functions, as long as one
assumes real coupling constants in the bulk Lagrangian.Comment: 18 pages, no figures; (v2) minor typos fixed, references adde