Macro Tourist: Helicopter Money Cometh

Macro Tourist: Helicopter Money Cometh

Read more from The Macro Tourist   Many times when I suggest that authorities will respond to this coronavirus situation with the MOAS (Mother Of All Stimulus), I get lectured how there is no way countries can stimulate because of: lack of fiscal room inability of different nations to agree on spending foreign exchange limitations insert hard-money gold-standard based economic reason in here Seriously, the pushback on the idea that governments will do whatever it t
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