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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The Fed's Capacity Is Limited, but Its Capital Is Not.

Fiscal cue is the idea of using government spending as an alternative to ordinary borrowing or taxation. The fast actt fix america surface transportation act can serve as a precedent that once ke really gets going, could be used for green new deal proposals. I'm indifferent about what kinds of fiscal programmes ce is used to, whether it's building walls to keep out immigrants or anything elsei i make a point in the book of saying i have nothing against any i don't mean to venture opinion about any particular government spending programm.

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