.
@GeorgeSelgin
defines fiscal quantitative easing as "any large-scale central bank asset purchases undertaken not for strictly macroeconomic purposes but for the sake of either propping up particular firms or markets or funding particular government programs" (2/3)
A very interesting little book on contemporary monetary policy : The Menace of Fiscal QE, by
@GeorgeSelgin
(1/3)
@CatoInstitute
@CatoCMFA
https://amazon.com/dp/1948647931/ref=cm_sw_r_tw_dp_U_x_75AIEb93V38Y0