Journal Article
Is the Fed monetizing government debt?
Abstract: Under this latter scenario, the Fed is not monetizing government debt ? it is simply managing the supply of the monetary base in accordance with the goals set by its dual mandate.
Keywords: Monetary policy; Debts, Public; Deficit financing;
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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/13/ES_5_2013-02-01.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2013
Order Number: 5