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Francesco Brunamonti is a graduate student in Finance at Bocconi University, Italy.
Taxes and SpendingOther Schools of Thought
Governments can increase GDP numbers simply by spending more, and this can reduce debt as a percentage of GDP. But what if we calculate GDP using only private spending?
Central Banks now have an alphabet soup of policy tools. But it's all radlly just more of the same — that is, inflationary easy-money monetary policy.