Cantillon Effects - Latest Commentary
20 - 05 - 08 Free Lunch Finance
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:55
- More information
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Synopsis
The MMT crowd want to give the government unlimited power to borrow and spend money; half their audience thinks this is great because -along with everyone else- it already owes so much money that it can't possibly allow interest rates ever to rise; and Kenneth Rogoff wants to PAY the state to borrow, not charge it for the privilege. Running the printing presses hard, behind the scenes, stands everyone's favourite open-handed uncle - Fed Chairman Jay Powell.