Summary:
Regardless of whether it is called MMT, the trend is now mostly fiscal. Monetary policy is over as central banks "used up all their ammo" and the "bazooka" is still smoking, to no effect. We are entering new territory.OMFIFIt's mostly fiscalChristian Kopf | Head of Fixed Income Fund Management at Union InvestmentGeorge Selgin hates it.Cato InstituteGround Proposals for “Helicopter Money”George Selgin
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Mike Norman considers the following as important:
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Regardless of whether it is called MMT, the trend is now mostly fiscal. Monetary policy is over as central banks "used up all their ammo" and the "bazooka" is still smoking, to no effect. We are entering new territory.OMFIFIt's mostly fiscalChristian Kopf | Head of Fixed Income Fund Management at Union InvestmentGeorge Selgin hates it.Cato InstituteGround Proposals for “Helicopter Money”George Selgin
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Regardless of whether it is called MMT, the trend is now mostly fiscal. Monetary policy is over as central banks "used up all their ammo" and the "bazooka" is still smoking, to no effect. We are entering new territory.
It's mostly fiscal
Christian Kopf | Head of Fixed Income Fund Management at Union Investment
George Selgin hates it.
Ground Proposals for “Helicopter Money”
George Selgin