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Focus should be on strong recovery, not budget surplus — Stephen Grenville

Summary:
Out of paradigm with MMT and confused, even though superficially correct. Hopefully his thinking no longer reflects that the Reserve Bank of Australia.Australian Business ReviewFocus should be on strong recovery, not budget surplus Stephen Grenville, non-resident fellow at the Lowy Institute and former deputy governor at the Reserve Bank of Australia

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Out of paradigm with MMT and confused, even though superficially correct. Hopefully his thinking no longer reflects that the Reserve Bank of Australia.

Australian Business Review
Focus should be on strong recovery, not budget surplus

Stephen Grenville, non-resident fellow at the Lowy Institute and former deputy governor at the Reserve Bank of Australia
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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