Monday, November 16, 2015

John Cassidy — Printing Money


Mostly about Adair Turner but mentions MMT.

Looks like overt money financing has gone mainstream.

The New Yorker
Printing Money
John Cassidy
ht Mark Thoma at Economist's View

4 comments:

NeilW said...

Plus of course rule by the 'Lord Turner' class via the central bank.

Plebs - know your place.

Tom Hickey said...

Right. Elected politicians are not to be trusted, but unelected technocrats — bankers and financiers — are.

Ignacio said...

Doing "God's work", by elitist left decree.

Fear the Zimbabwe!

Matt Franko said...

No according to Petifor its Nigeria...