Ken Milmore on Nostr: Specifically, it seems to be a hot issue whether you could print money to directly ...
Specifically, it seems to be a hot issue whether you could print money to directly fund public spending (is that called "debt monetisation"?) or whether this would lead to serious problems. Corbyn/McDonnell seemed to advocate it, and it feels like the Greens might be moving in this direction too. I wonder how that relates to the gilt markets, and whether the government would be burning their boats on borrowing if they ever started printing money instead?
