Summary:
Paul Buitink talks to Frances Coppola, economics and finance writer and author of the Case for People's Quantitative Easing. Frances used to work for banks but has been writing fulltime since 2002. Frances explains what quantitative easing (QE) is and what's good and bad about it. It can help to avoid debt deflation but at the same time benefits the rich, because the trickle down effect is limited. Central banks seem to be able to do only thing: buy more things. Frances explains the different types of QE such as helicopter money to citizens or monetizing government's debt. The most difficult problem is actually getting the money to the people. Which People's QE you choose depends on your purpose and timing. Frances and Paul also touch upon ethics, debt to gdp ratios and the eurozone.
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Paul Buitink talks to Frances Coppola, economics and finance writer and author of the Case for People's Quantitative Easing. Frances used to work for banks but has been writing fulltime since 2002. Frances explains what quantitative easing (QE) is and what's good and bad about it. It can help to avoid debt deflation but at the same time benefits the rich, because the trickle down effect is limited. Central banks seem to be able to do only thing: buy more things. Frances explains the different types of QE such as helicopter money to citizens or monetizing government's debt. The most difficult problem is actually getting the money to the people. Which People's QE you choose depends on your purpose and timing. Frances and Paul also touch upon ethics, debt to gdp ratios and the eurozone.
Topics:
Frances Coppola considers the following as important:
This could be interesting, too:
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Paul Buitink talks to Frances Coppola, economics and finance writer and author of the Case for People's Quantitative Easing. Frances used to work for banks but has been writing fulltime since 2002. Frances explains what quantitative easing (QE) is and what's good and bad about it. It can help to avoid debt deflation but at the same time benefits the rich, because the trickle down effect is limited. Central banks seem to be able to do only thing: buy more things. Frances explains the different types of QE such as helicopter money to citizens or monetizing government's debt. The most difficult problem is actually getting the money to the people. Which People's QE you choose depends on your purpose and timing. Frances and Paul also touch upon ethics, debt to gdp ratios and the eurozone. Frances understands why ECB keeps the thing afloat but she is not a big fan of the euro. They end the conversation with central bank digital currencies. Frances is in favour because now we entirely depend on commercial banks for payments. Follow Frances Coppola https://twitter.com/Frances_Coppola http://www.coppolacomment.com/ Follow Paul Buitink https://twitter.com/paulbuitink |