Sunday , June 23 2024
Home / Mike Norman Economics / Blog: Chinese Economists Clash Over Monetization of Fiscal Deficit, Special Treasury Bonds — Zhang Qizhi and Gavin Cross

Blog: Chinese Economists Clash Over Monetization of Fiscal Deficit, Special Treasury Bonds — Zhang Qizhi and Gavin Cross

Summary:
Strongly suggests that Chinese policy makers are not on board with the MMT approach and are resistant to it because (neoliberal) "fiscal discipline." So much the worse for China.CaixanBlog: Chinese Economists Clash Over Monetization of Fiscal Deficit, Special Treasury Bonds Zhang Qizhi and Gavin Cross

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Eric Kramer writes Elections are about trust, blame, and identity.  Here’s how to use that against Trump.

NewDealdemocrat writes Housing permits and starts the lowest since 2020, units under construction also decline further, but no yellow caution flag yet

Angry Bear writes Biden should welcome their hatred

Bill Haskell writes Senator Elizabeth Warren’s Bill Takes on Private Equity Milking Hospitals


Strongly suggests that Chinese policy makers are not on board with the MMT approach and are resistant to it because (neoliberal) "fiscal discipline." So much the worse for China.

Caixan
Blog: Chinese Economists Clash Over Monetization of Fiscal Deficit, Special Treasury Bonds

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.

Leave a Reply

Your email address will not be published. Required fields are marked *