A Permanent Wartime Economy?

Tags: Money Supply, Central Banks, The Fed, Global Economy, War and Foreign Policy

03/10/2023 Jeff Deist Robert P. Murphy

Progressives view all aspects of human life as a struggle against forces of oppression. Earlier this week on BBC, Professor Mariana Mazzucato suggested governments across the West should simply print money not only to help Ukraine, but also to finance other "wars" against climate change, inequality, and more. Should national treasuries essentially adopt a permanent wartime footing and print far more money, as Mazzucato and Warren Mosler recommend? Hint: Jeff and Bob say "No."

Jeff's article "A Permanent Wartime Economy": Mises.org/HAP386a

Bob's debate with Warren Mosler: Mises.org/HAP386b

Bob's article in The American Conservative on the Greenbacker movement: Mises.org/386c

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