The need for monetary financing of corona budget deficits

Paul De Grauwe

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Sooner or later, the ECB must accept that monetary financing in support of deficit spending is a necessity not just for mitigating the coronavirus crisis, but also for averting a downward deflationary cycle that could pull the eurozone apart.

Keywords: Covid-19; coronavirus (search for similar items in EconPapers)
JEL-codes: F3 G3 J1 (search for similar items in EconPapers)
Pages: 2 pages
Date: 2020-06-07
New Economics Papers: this item is included in nep-cba and nep-mon
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Citations: View citations in EconPapers (2)

Published in Intereconomics, 7, June, 2020, 55(3), pp. 133 - 134. ISSN: 0020-5346

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Related works:
Journal Article: The Need for Monetary Financing of Corona Budget Deficits (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:105098

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