George Selgin on Average Inflation Targeting and *The Menace of Fiscal QE*
Macro Musings with David Beckworth
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Quase Fiscal Cue - Is That Correct?
The bank of japan buys e t f to hit its inflation target, right? Or the swiss national bank, they buy corporate securities for an exchange. I mean, that is getting into fiscal policy too. But it seems like you're doing it almost purely for prictability reasons them. Is that right? Well, i can't be quite certain that that's the case for all the examples you have in mind,. but there is certainly in those that you mentioned specifically, an overarching maccor economic purpose. In that case, you can say that there is still a fiscal component.
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