“The bank and the government have essentially blended into one entity” – Part II
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“The bank and the government have essentially blended into one entity” – Part II

ByClaudio Grass

Interview with Karim Taleb Part II of II Claudio Grass (CG): Part and parcel of that same institutional “strategy”, especially in its current form, is the idea that deficits and debt don’t matter. Basically, after 2020, it can be argued that we’re all Modern Monetary Theorists now, as nobody in…

“The bank and the government have essentially blended into one entity”
| | | | | |

“The bank and the government have essentially blended into one entity”

ByClaudio Grass

Interview with Karim Taleb Part I of II:  A lot has been said and written about the impact of the Covid crisis on the global economy and on the prospects of a strong recovery in 2021. Especially since the start of the year, there seems to be a consensus among…