One of the biggest questions in economics right now is whether the US will re-start quantitative easing.
For many getting their heads round what QE is can be hard enough.
Paul Mason from BBC News Night has done a vey good job explaining what he thinks it is.
I recommend this.
But I’ll add that the Green New Deal group is working on a publication on this issue — and it will, I think, push understanding and the policy boundaries somewhat further than Paul anticipates.
Hat tip: Howard Reed
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[…] trouble is, as Paul Mason has noted, no one knows if QE1 worked, so what’s the chance of QE2 doing so? In my opinion, not high unless […]
>>Green New Deal group is working on a publication on this issue
Hurry! Now is the time to strike!
[…] trouble is, as Paul Mason has noted, no one knows if QE1 worked, so what’s the chance of QE2 doing so? In my opinion, not high unless […]