Massive borrowing to fund NZ’s economic recovery due to COVID-19 cannot be written off without the risk of worsening the crisis it was designed to meet.
Academic rigor, journalistic flair
Articles on printing money
Displaying all articles
The Fed is spending up to US$2.3 trillion to help save the U.S. economy from the coronavirus recession. But where does all that money come from?
If it is so easy to fix a nation’s economic ills – just run the printing presses round the clock – then why doesn’t everyone do it?
