George Selgin on Average Inflation Targeting and *The Menace of Fiscal QE*
Macro Musings with David Beckworth
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Pure Fiscal Ce - What Is It?
In contrast, purely fiscal cuee is when there's no need for an unconventional policy or cue as a way of generally loosening up credit. The most obvious example would be if the federal reserve were to pay for the green new deal by buying certain a green new deal investment securities. And we're hearing more and more proposals, though they've been around for a while, for having central banks use their quantitative easing powers for such non macer economic purposes.
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