The need for monetary financing of corona budget deficits

De Grauwe, PaulORCID logo (2020) The need for monetary financing of corona budget deficits Intereconomics, 55 (3). 133 - 134. ISSN 0020-5346
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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.

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