AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is There a Systematic Approach to Fiscal Policy?
"We have a circulating virus, but no circulating money," says Alex Castellanos. "The way that economics works is that demand begets supply gets demand." The idea of monetary policy is to keep the patient alive, he adds. But it's like if you just broke your leg and you're bleeding: You've got to learn how to walk again.