A naive (ok, maybe not so naive) question. Given how hard it appears to slow down the US economy through monetary policy, maybe fiscal policy could help?
Olivier Blanchard Twitter 6 maj 2023
A number of economists are proposing a more expansionary fiscal policy based on debt financing, most noteworthy Olivier Blanchard in his presidential address at the ASSA meeting 2019 (Blanchard (2019).
Public Debt and Low Interest Rates
Olivier Blanchard AMERICAN ECONOMIC REVIEW APRIL 2019
I think it is blatantly obvious that the interest rate worldwide is too low and that a greater part of the stimulus should take place via fiscal policy.
Jag tycker det är skriande uppenbart att räntan världen över är för låg och att en större del av stimulanserna borde ske via finanspolitiken.
Rolf Englund blogg 5 december 2009
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