Browsing Tag

fiscal

No stimulus, no problem?

The calls for fiscal relief by the Federal Reserve have apparently fallen on deaf ears, as US President Trump pulled out of negotiations for a stimulus package last night. Asset markets were all over the place as investors digested the…

MMT Heaven and MMT Hell

There are conditions under which governments can create money—or debt—without fear of inflation or excessive debt burdens. There are other conditions under which debt or money creation can lead to inflation and balance sheet problems.

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