What happens then, if we stop distributing money by either the credit (banking) system, or the state system (fiscal policy), and simply distribute it directly to citizens instead? Why isnt that the optimum policy?
Source date (UTC): 2019-12-14 18:14:32 UTC
Original post: https://twitter.com/i/web/status/1205913981677920257
Reply addressees: @paulkrugman
Replying to: https://twitter.com/i/web/status/1205903847866155009
IN REPLY TO:
@paulkrugman
This implied, among other things, that increasing the money supply could have real effects, boosting the economy in a slump rather than just causing inflation. And it was a view supported by a lot of evidence 3/
Original post: https://twitter.com/i/web/status/1205903847866155009
Leave a Reply