MMT, money printing and Keynes | Daily FT

Sri Lanka’s unemployment today is about 5%, a little higher than the full employment level which is considered at about 4% of the labour force. Thus, one can argue that by printing money, Sri Lanka could increase employment as Keynes had presented in The General Theory without causing inflation – Pic by Shehan Gunasekara Gideon Gono: dead body inflation is more serious than price inflation The former Governor of the Reserve Bank of Zimbabwe, Dr. Gideon Gono, in a recent interview with Trevos, a Zimbabwean journalist, justified his money printing during the first decade of 2000 (available at: h…

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