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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

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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.

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