d papagiannopoulos

notes-to-self

Wednesday, November 5, 2014

John Muellbauer : "Quantitative Easing for the People" : Project Syndicate

Rather than continue to allow misguided conventional thinking, centered on German economic ideology, to impede effective action, the ECB must pursue quantitative easing (QE) “for the people” – an adaptation of Milton Friedman’s “helicopter drops” strategy – to reverse deflation and get the eurozone back on track.
Posted by Dimitris Papagiannopoulos at 8:42 AM
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