Thursday, September 29, 2016

Enrico Grazzini — Why Issuing Fiscal Money Could Help Exit The Italian (And Eurozone) Crisis


Along the lines that Warren Mosler proposed some time ago.

Social Europe Journal
Why Issuing Fiscal Money Could Help Exit The Italian (And Eurozone) Crisis
Enrico Grazzini

3 comments:

Kaivey said...

I liked this:

Fiscal Money, as a matter of fact, advances the value of future tax revenues. So it becomes the oxygen required to exit the liquidity trap, to increase income and create new wealth thanks to the Keynesian multiplier.

Andrew Anderson said...

The Euro should never have been more than a private currency - unacceptable by government.

Matt Franko said...

AA, the govts actually created the EUR....