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Thoughts From The Divide - Archive

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Posts tagged monetary policy
September 17, 2019 - Central Bank Hullabaloo

More voices are being added to those questioning if central banks have “exhausted” their classical tools. Mario Draghi thinks fiscal policy needs to “take change”. The Fed was forced to step into repo markets as rates jumped for banks trying to borrow money or collateral.

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"Against" and "For" MMT - July 2, 2019

James Meadway argues that beyond the danger of inflation and issues of democracy surrounding MMT, it is just a simplistic solution to complex problems. Thomas Fazi and Bill Mitchell rebut Meadway’s points, arguing not only that MMT is a lens to understand how the monetary system “already works”, but also a way to “imagine truly transformational politics”.

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