Institutional Economics

Institutional Economics

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Institutional Economics
Why Philip Lowe is the Best Friend MMT Ever Had
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Why Philip Lowe is the Best Friend MMT Ever Had

If the central bank won’t do its job, politicians will

Stephen Kirchner
Jul 22, 2020
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Institutional Economics
Institutional Economics
Why Philip Lowe is the Best Friend MMT Ever Had
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Governor Lowe’s speech yesterday was widely reported as ruling out monetary financing of fiscal policy, which goes under various names, including people’s QE, printing money, and helicopter money. So…

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