Thursday , May 13 2021
Home / Tony Yates: Long and Variable / ‘Money printing’ is not yet a subordination of monetary policy, so keep your hair on

‘Money printing’ is not yet a subordination of monetary policy, so keep your hair on

Summary:
I wrote a thread a few days ago reacting to some of the Twitter commentary [and also to Martin Wolf’s FT piece which I don’t think struck the right tone], and this short post for The Independent covers the ground.   This should also be a counterpoint to Paul Mason’s recent New Statesman piece.  And it’s also worth reflecting back on the debates that were had as Corbyn was campaigning for the Labour leadership in 2015 and floating the idea of ‘People’s QE’.

Topics:
Tony Yates considers the following as important:

This could be interesting, too:

FRED Blog writes In poor countries, no richer but living longer? : World Bank data on life expectancy and GDP in low-income vs. high-income countries

FRED Blog writes Workers with a disability : A closer look at disability in the U.S. civilian labor force

FRED Blog writes How COVID shocked state and local revenue : BEA data track the ups and downs of federal grants-in-aid and local tax revenue

FRED Blog writes A new measure of economic health : New FRED data decomposes the evolution of monthly GDP

I wrote a thread a few days ago reacting to some of the Twitter commentary [and also to Martin Wolf’s FT piece which I don’t think struck the right tone], and this short post for The Independent covers the ground.   This should also be a counterpoint to Paul Mason’s recent New Statesman piece.  And it’s also worth reflecting back on the debates that were had as Corbyn was campaigning for the Labour leadership in 2015 and floating the idea of ‘People’s QE’.

Tony Yates
Economist. Consulting, lecturing, a book. Ex Prof at Bham, Ex BoE staffer. Macro, policy, monetary econ, occasional nonsense.

Leave a Reply

Your email address will not be published. Required fields are marked *