Weird cognitive dissonance on watching how the debate on American monetary policy is changing in front of our eyes, while British monetary policy is just not a topic of any public debate here. https://twitter.com/TheStalwart/status/1359580140838285317
For example, maybe we could try copying the US Federal Reserve and just decide to do this in the UK? Instead of having the entire British economy orbit around a 2% inflation target last changed two and a half decades ago? https://twitter.com/pearkes/status/1359579641468641282?s=19
Great thread of Skanda-Veb Thought setting out how monetary policy should change in the US in response to the pandemic, and what kinds of inflation we should and shouldn't be worried about. More of this in British public discourse please! https://twitter.com/IrvingSwisher/status/1360216620703047685?s=19