What If 'Reversing' the 'Money Printer' Just Prints Faster?
A pivot towards classic quantitative tightening (MMT QE) suggests that the central bank may be more inclined to buy bonds as a means to restrain the economy in the future.
Mistaking Cause and Cure
Australia's $300 billion quantitative easing experiment failed the test. This forensic policy analysis argues their stimulus targeted the wrong mechanisms using the wrong tools—a direct response to AFR Economics Editor John Kehoe’s recent article. While markets applauded the RBA's moves, our diagnosis says they misread the patient.
For economic doctors ready to rethink stale orthodoxies, a new medical opinion is in—see the full consultation only in the clinic.
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