‘OMTs are designed to keep government bond yields just below ‘panic’ levels, as previously defined, not to bring them down to levels that would somehow help government solvency.’
Strengthening financial resilience
Mosler Economics / Modern Monetary Theory
The Site of Economist Warren Mosler
‘OMTs are designed to keep government bond yields just below ‘panic’ levels, as previously defined, not to bring them down to levels that would somehow help government solvency.’
Strengthening financial resilience