Eric Leeper on the Interactions of Fiscal and Monetary Policy
Macro Musings with David Beckworth
00:00
The Fiscal Theory That Prizes the Woman, Is That Fair?
Fiscal theory looks at the expected path of government liabilities in the future. The two aren't necessarily exclusive, right? You could still say the trend is being set by government securities and we might have some temporary deviations due to supply shocks. Is that fair? Yes.
Transcript
Play full episode
