(https://twitter.com/wbmosler/status/1278638190098817025)
Scott Fullwiler@stf18
MMT: Bond sales don’t fund govt; they manage liquidity conditions & interest rates. That’s a CBs job so CBs should issue bonds
Critics: Even if true it could only apply to the US like all of MMT
MMT: Philippines says “hi”
Polish CB has been issuing its own bonds since decades. They do this to manage liquidity of the banking sector.
Warren B. Mosler #MMT@wbmosler
eta
erabiltzaileei erantzuten
The ECB has offered time deposits as well, which is functionally the same thing.
2020 uzt. 2
