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
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
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