Tag Archives: debt monetization

Makes the same point as the MMT economists do. The way the government chooses to book its accounts is irrelevant to its financial position as the currency issuer instead of being a currency user. The reality remains the same even though the institutional arrangements may look different.The CornerA technical view of helicopter money and the monetisation of debt Hans-Jörg Naumer | Allianz

Upping their game. However, I think that the explanatory narrative needs some work. Are these the controlling factors?FRBSL — On the EconomyDebt Monetization: Then and Now David Andolfatto, Vice President and Economist, and Andrew Spewak, Senior Research AssociateSee also Over-building as a factor?FRBNY — Liberty StrteetQuantities and Prices during the Housing Bust Sonia Gilbukh and Paul Goldsmith-Pinkham