
13 - Joseph Gagnon on Quantitative Easing in the United States and Abroad
Macro Musings with David Beckworth
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Is the Helicopter Money Injection Permanent?
Krugman argued that cue would be in effect if they had this irrelevant result, if ultimately it's temporary. Soas the uncertainty of trying this new tool monetary policy related that critique. And i fear that that would not a good way to run the economy. The amount of money you'd have to create in the crisis, i think, would lead to inflation down the road that would be unacceptably high.
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