Appreciate the shout-out! And am encouraged by lots of recent speeches and writings by some Fed officials.
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Fed can't really do it. How about some fiscal policy?
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You'll need to give the Fed a new economic tool if you want them to achieve that.
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#LearnMMT, we have!Thanks. Twitter will use this to make your timeline better. UndoUndo
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Monetary policy ain’t it. Neoliberals pushed it because it sounds “technocratic” and “apolitical” (meaning “unaccountable cronies, friends of Wall St can run it and the public will not complain”) but it is simply weak tea. Gotta step into the minefield and talk fiscal pol.pic.twitter.com/Er5SdZBo8u
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With respect, why did you run for Congress if you are going to defer to the Fed to manage the economy? For the bottom 80% America is living in a money famine - stale wages, massive education debt, no savings, nothing for retirement, 1932 level suicides - what are YOU doing?
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Lowest unemployment in 50 years.
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jeez what else is new back in college freshman macro in the 1970s this was a stylized fact that the fed paid attn to only one of its two legal mandates
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