Saturday, October 19, 2013

circuit — Which unconventional monetary policies hold most promise?

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:

Senexx said...

He's Italian (well Sicilian). And what's been the big thing in Italy lately? MMT!