Bill Mitchell, monetary liquidity operations, PQE and fiscal policy interventions

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Bill Mitchell spoke at an event at which I was also on the panel last Thursday.

Bill has now commented on some of the ideas that were put to him that night and afterwards, with which he disagrees, as did I. Bill's blog post is, as his  usually are, long, and a bit technical. It's also robust and clear, and (I think) completely sound.

I recommend it.