by Summary:
The uncertainty about the medical containment of the pandemic remains high, and forecasting at this point is largely an exercise in wild guesses. However, it seems likely that we will be in a environment of high unemployment even after a vaccine tames the virus. Modern Monetary Theory (MMT) will be highly relevant in that environment.... Must-read. Very comprehensive analysis of options and likely outcomes.Bond Economics Modern Monetary Theory After The Crisis (Part II) Brian Romanchuk
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The uncertainty about the medical containment of the pandemic remains high, and forecasting at this point is largely an exercise in wild guesses. However, it seems likely that we will be in a environment of high unemployment even after a vaccine tames the virus. Modern Monetary Theory (MMT) will be highly relevant in that environment.... Must-read. Very comprehensive analysis of options and likely outcomes.Bond Economics Modern Monetary Theory After The Crisis (Part II) Brian Romanchuk
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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The uncertainty about the medical containment of the pandemic remains high, and forecasting at this point is largely an exercise in wild guesses. However, it seems likely that we will be in a environment of high unemployment even after a vaccine tames the virus. Modern Monetary Theory (MMT) will be highly relevant in that environment....Must-read. Very comprehensive analysis of options and likely outcomes.
Bond Economics
Modern Monetary Theory After The Crisis (Part II)
Brian Romanchuk