Barclays Goes There – Central Bank Debt ForgivenessMark Melin
Central Bank Debt Forgiveness a serious possibility? One big Investment Bank asks that question.
Despite unprecedented monetary stimulus, inflation has remained subdued, Barclay’s Macro Economist Michael Gavin notes in an October 31 report. Is Milton Friedman’s annotated "term helicopter" money and the related concept of central bank debt forgiveness a viable alternative to raise the dead that is inflation and manage the unmanagable? Or does an economy doing "so so" at . . .
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