Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10003443924
Persistent link: https://www.econbiz.de/10010382011
The author provides a rigorous analysis of Milton Friedman's parable of the "helicopter" drop of money a permanent/irreversible increase in the nominal stock of fiat base money rate which respects the intertemporal budget constraint of the consolidated Central Bank and Treasury - the State....
Persistent link: https://www.econbiz.de/10010392960