The Way Forward: A Conversation with Dr. Mohamed El-Erian
https://www.worldbank.org/en/news/speech/2023/04/06/the-way-forward-a-conversation-with-dr-mohamed-el-erian
WebApr 6, 2023 · MALPASS: Modern Monetary Theory was that you could go ahead and spend. DR. EL-ERIAN: And but, that was the whole view that, coming out of the global financial crisis, we had a demand problem, not a supply problem. So, if you have a demand problem, inflation is not an issue and you flood the system.
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