Huh? What market monetarists were you reading? Here's Scott Summer explicitly talking about why QE is not inflationary at the zero lower bound:https://www.mercatus.org/publications/explaining-quantitative-easing …
A good understanding of Market Monetarism would have gotten you to the same place and without all the goofy ideas about the irrelevance of deficits and debt
-
-
- 4 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.