In the concluding paragraph, Bossone writes,
"...this result vindicates the proposed measures to expand the money supply via overt monetary financing or neo-chartalism, which aims to inject new money independently of central banks' interet-rate policies, especially if these are limited by the zero lower bound."Fictional Reserve Barking
Which unconventional monetary policies hold most promise?
circuit
1 comment:
He's Italian (well Sicilian). And what's been the big thing in Italy lately? MMT!
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