Is 2020 Government Stimulus essentially MMT? With Dr. Steven Hail | Webinar & Podcast
With the heavy amounts of Government stimulus being provided worldwide this year in response to Coronavirus' economic impacts, we wanted to get the perspective of Adelaide University’s Dr. Steven Hail as to if this stimulus was essentially MMT in all but name
Our Agenda includes:
• Quick background to MMT
• MMT and Inflation expectations
• Which country is closest to considering MMT? Has any economy adopted a form of modern monetary theory and been OK?
• How much does the Phillips curve factor into MMT thinking
• Thoughts around government responsibility and MMT, given a lot of the arguments against MMT centre around whether governments can be trusted.
• Investment implications
• MMT and Inflation expectations
• Which country is closest to considering MMT? Has any economy adopted a form of modern monetary theory and been OK?
• How much does the Phillips curve factor into MMT thinking
• Thoughts around government responsibility and MMT, given a lot of the arguments against MMT centre around whether governments can be trusted.
• Investment implications
LISTEN IN PODCAST FORM HERE
View the presentation slides here. Links to various podcast platforms are featured at the bottom right of the player if you wish to listen on your preferred one.
Not already a Livewire member?
Sign up today to get free access to investment ideas and strategies from Australia’s leading investors.
........
The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796.
MORE ON Macro
5 topics
Damien runs asset allocation and global stock portfolios for Nucleus Super, Nucleus Ethical and Nucleus Wealth. His 25 year+ career includes Global Quant at Schroders, Strategy at Wilson HTM & co-founder of Aegis.
Expertise
most popular
Equities
The quirky trend to add to your recession ready portfolio
Sara Allen,
Livewire Markets
Education
Are you missing this tax loophole?
Sara Allen,
Livewire Markets
Equities
Signs of the bottom
Ally Selby,
Livewire Markets