Henry Curr is the economics editor for the Economist Magazine and a returning guest to the show. Henry has a new working paper out titled, \u201cMoney Printers Go Grrrr: Three Myths and Three Uncomfortable Truths about Quantitative Easing.\u201d Henry joins Macro Musings to discuss these three myths and uncomfortable truths about QE. Specifically, David and Henry discuss the continued relevance of quantitative easing as a policy tool, QE\u2019s relationship to financial markets and its effect on the banking sector, whether we can estimate the magnitude of its effect on interest rates, whether QE necessarily boosts the monetary base, and much more.
\xa0
Check out Ideas of India, another Mercatus original podcast: https://www.discoursemagazine.com/tag/ideas-of-india-podcast/
\xa0
Transcript for the episode can be found here.
\xa0
Henry\u2019s Twitter: @Henry_Curr
Henry\u2019s Economist profile: https://mediadirectory.economist.com/people/henry-curr/
Henry\u2019s website: http://www.henrycurr.com/
\xa0
Related Links:
\xa0
*Money Printers Go Grr: Three Myths and Three Uncomfortable Truths about Quantitative Easing* by Henry Curr
https://spe.org.uk/reading-room/ryb-essays/2020-21-rybczynski-prize-essay/
\xa0
*Fifty Shades of QE: Comparing Findings of Central Bankers and Academics* by Brian Fabo, Martina Jan\u010dokov\xe1, Elisabeth Kempf and \u013dubo\u0161 P\xe1stor
https://www.nber.org/papers/w27849
\xa0
David\u2019s Twitter: @DavidBeckworth
David\u2019s blog: http://macromarketmusings.blogspot.com/