me:
>> Marv, what monetary policy would the Pen-L Team (or the pen-l Tee) implement?

Marv Gandall wrote:
> You guys are in a better position to judge. You have my full confidence. :)
>
> Jamie Galbraith and other neo-Chartalists want to keep crediting the Treasury 
> accounts at the Fed for so long as it takes a massive public works program 
> and a jobs guarantee to get the economy operating at full capacity, and don't 
> think you need to pay any heed before then to fears of inflation or a bond 
> strike. If I recall, Doug for one is critical of MMT. This is a list 
> discussion I'd be very interested in following.

Michael P., J. Huato, Doug H., and I would likely be too busy arguing
to get anything done.
-- 
Jim Devine /  "Segui il tuo corso, e lascia dir le genti." (Go your
own way and let people talk.) -- Karl, paraphrasing Dante.
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