2min chapter

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The Rise And Fall Of Monetary Policy - Ian Macfarlane

The Joe Walker Podcast

CHAPTER

The Anti-Growth Economy

I'm looking forward to the fan mail from MMT advocates. But thanks for stepping through the plumbing of the system so carefully. I think it was important that you went through it in technical detail. When we caught up a couple of weeks ago, you said something to me which I found quite at once arresting and disturbing. And that was that the economy is anti-growth. What did you mean by that? Did I say that? Yeah. Well, I Think it was in the context of secular stagnation.

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