David Andolfatto and Andrew Spewak — Debt Monetization: Then and Now

Summary:
Upping their game. However, I think that the explanatory narrative needs some work. Are these the controlling factors?FRBSL — On the EconomyDebt Monetization: Then and Now David Andolfatto, Vice President and Economist, and Andrew Spewak, Senior Research AssociateSee also Over-building as a factor?FRBNY — Liberty StrteetQuantities and Prices during the Housing Bust Sonia Gilbukh and Paul Goldsmith-Pinkham

Topics:
Mike Norman considers the following as important: bank lending, debt monetization, inflation, money creation

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