Sci-Fi Economics (with Kim Stanley Robinson)
Pitchfork Economics with Nick Hanauer
00:00
The Central Banks Are Crucial to Coping With Climate Change
The EU, the US and China in a kind of race for green dominance is a good race. I mean, certainly the IRA passage of the IRA has been a signal moment. And it also occurred to me that the central banks are crucial because they create fiat money. The big powerful central banks could make a difference by doing quantitative easing as they did in 2008 and when the pandemic hit,. but making it green quantitative easing.
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