Institutional Economics

Institutional Economics

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Institutional Economics
Institutional Economics
Monetary policy is not doing enough

Monetary policy is not doing enough

Inflation expectations in wholesale collapse

Stephen Kirchner
Mar 11, 2020
∙ Paid

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Institutional Economics
Institutional Economics
Monetary policy is not doing enough
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I go into bat for the relative effectiveness of monetary policy in this Guardian economists’ panel on responses to the COVID-19 pandemic.

Note the collapse is US inflation expectations, indicating th…

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