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This is post really as much about the growing impact of MMT as it is central banking. Bill cites the recent Fed admission that it can set the yield curve if it chooses as evidence of that. There's a lot packed into this post. Bill Mitchell – billy blogGovernments can always control yields if they desireBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
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Mike Norman considers the following as important: MMT
This could be interesting, too:
This is post really as much about the growing impact of MMT as it is central banking. Bill cites the recent Fed admission that it can set the yield curve if it chooses as evidence of that. There's a lot packed into this post. Bill Mitchell – billy blogGovernments can always control yields if they desireBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Topics:
Mike Norman considers the following as important: MMT
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Michael Hudson writes International Trade and MMT with Keen, Hudson
This is post really as much about the growing impact of MMT as it is central banking. Bill cites the recent Fed admission that it can set the yield curve if it chooses as evidence of that. There's a lot packed into this post.
Bill Mitchell – billy blog
Governments can always control yields if they desire
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia