Coronavirus Crisis: Now is the Hour of MMT
06.04.2020As a part of CEPR & VoxEU's Covid-19 webinar and videocast series Peter Bofinger is interviewed by Tim Phillips.
Peter Bofinger argues that the Corona crisis causes huge damage to private balance sheets. In his opinion, the best way to deal with it is transferring the additional debt from the private sector to the government and the central bank.
