"For 1st time, in 60% of global economy — including 97 % of advanced economies — central banks have pushed policy interest rates below 1 %. In 1/5th of world, they are negative.” @GitaGopinath calls a global liquidity trap -> fiscal policy is main tool.
ft.com/content/2e1c05… https://t.co/FRdnxB7VPG
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…