Dropping Money from Helicopters: Economist John Cochrane on Inflation

Cochrane explains inflation through fiscal theory, critiquing helicopter-money-style thinking.

InflationPodcast episodeintermediatefiscal theory of the price levelhelicopter moneyinflationinflation expectationsmonetary fiscal interactionmonetary policy credibilityJohn Cochrane

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• Hoover Institution · 2023-02-28

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