“His message is that you can get away with increasing the deficit when the extra money goes to people who don’t really need it”… DAVID KELLY—THE CHIEF GLOBAL STRATEGIST J.P. MORGAN
Yes, it is important Govt leaders, Central Bank Execs understand traditional as well as new concepts of the use & capacity for Central Banks. This will be needed if the Govt leaders get their act together on comprehensive plans to transition economies to ecological #sustainable