Presentation on “Do Central Banks Control the Price Level?”

A few weeks ago, I was invited to speak on “Do Central Banks Control the Price Level?” by the Forum for Macroeconomics and Macroeconomic Policies (FMM) at their annual conference. The panel also included Frances Coppola and Scott Fullwiler.

My presentation is here and you can find video of the session here. I went last, starting at 56 minutes.

 

Presentation on ECB: Monetary Financing, Helicopter Money etc.

PublicPolicy.ie held its second online conference today on “Ireland’s COVID19 Crisis Response: Perspectives from Social Science.”   I gave a talk on a panel titled “EU Dimensions of a Policy Response”.  I mainly discussed the role of the ECB, covering some of more extreme potential measures it could take. I discuss monetary financing, helicopter money and the idea of the Eurosystem selling all its gold and returning the money to governments.

Here are the slides. The video is here.