How does MMT deal with the monetary/fiscal conflicts in current institutions in the context of central bank independence and money supply vs a short term political branch behind fiscal policy? Also, even if 0% is the natural interest rate, what are the arguments for and aga keeping it there?
How does MMT deal with the monetary/fiscal conflicts in current institutions in the context of central bank independence and money supply vs a short term political branch behind fiscal policy? Also, even if 0% is the natural interest rate, what are the arguments for and aga keeping it there?
byu/FunTheMental_007 inAskEconomics
Posted by FunTheMental_007