Macro Musings with David Beckworth cover image

George Selgin on Average Inflation Targeting and *The Menace of Fiscal QE*

Macro Musings with David Beckworth

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Is Fiscal Cue a Good Way to Pay for Stuff?

Sally Kohn: Is fiscal cue a good way to pay for stuff after all? is it cheap? She says there's a very popular misconception that fiscal cue amounts to something like a free lunch, particularly if the nominal rate of interest on the securities involved is essentially zero. "There's no clear fiscal advantage in the strict sense," she says. 'We don't need to learn these lessons and we would be better off having not learned them'

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