And, third, why the presumption that QE will end? Why is that being assumed?
At some point it will, as even MMT says. We cannot forever monetise fiscal policy, not without doing a Weimar we can’t.
And, third, why the presumption that QE will end? Why is that being assumed?
At some point it will, as even MMT says. We cannot forever monetise fiscal policy, not without doing a Weimar we can’t.
The only instances that come to mind are all failures.