Is the Fed monetizing government debt?

David Andolfatto () and Li Li

Economic Synopses, 2013, No 5

Abstract: Under this latter scenario, the Fed is not monetizing government debt ? it is simply managing the supply of the monetary base in accordance with the goals set by its dual mandate.

Keywords: Monetary policy; Debts, Public; Deficit financing (search for similar items in EconPapers)
Date: 2013
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