A technical view of helicopter money and the monetisation of debt — Hans-Jörg Naumer

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 Corner
A technical view of helicopter money and the monetisation of debt

Hans-Jörg Naumer | Allianz