Modern Monetary Theory

2nd Jul 19, 1:30pm
by Guest
It is not true that Japan's experience proves that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks
It is not true that Japan's experience proves that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks
2nd Jul 19, 1:30pm
19th May 19, 6:02am
by Guest
The experience of Latin America should serve as a clear warning for today’s Modern Monetary Theory enthusiasts. There, fiscal expansions that were financed by printing money spun catastrophically out of control
The experience of Latin America should serve as a clear warning for today’s Modern Monetary Theory enthusiasts. There, fiscal expansions that were financed by printing money spun catastrophically out of control
19th May 19, 6:02am
31st Jul 17, 4:03pm
Former RBNZ economist Michael Reddell reviews Modern Monetary Theory where fiscal policy is the key lever rather than monetary policy; He argues monetary policy is still best for cyclical stabilisation
Former RBNZ economist Michael Reddell reviews Modern Monetary Theory where fiscal policy is the key lever rather than monetary policy; He argues monetary policy is still best for cyclical stabilisation
31st Jul 17, 4:03pm