Report
Patrick Artus

What mechanisms must economists clarify?

During this crisis, economists must work to clarify a number of mechanisms so that the public debate can focus on the real issues . D iscussion that ha s taken place since the start of the crisis show that, in particular, there is a need to clarify: The concept of helicopter money, a measure that central banks are already using; The status of the public debt held by central banks, which is cancelled subject to one condition ; and, accordingly, how the public debt ratio is measured; The link between money creation, inflation in goods and services prices and inflation in asset prices; The concept of demand-led and supply-led recessions, which is vital to identifying effective economic policies.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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