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2019-08-03

Central banks should consider giving people money

Expecting the fiscal authorities to help out looks like wishful thinking

Central banks posting cheques to households, is detailed in a superb new book, 

The Case for People’s Quantitative Easing by the economist Frances Coppola. 

One problem with this common sense idea is its simplicity, which rarely appeals to economists charged with taking important decisions. 


Eric Lonergan FT 2 August 2019

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