{"uri":"https://octothorp.es/","term":"printing-money","thorpes":[{"uri":"https://justatheory.com/2009/03/is-printing-money-stimulative/","title":"Is Printing Money Stimulative?","description":"Last week, my good friend Curtis “Ovid” Poe posted a blog entry in which he suggested that the UK’s recent decision to print more money as a way of stimulating the economy is a fundamentally bad idea. While I personally don’t know whether or not it is actually a bad idea, Ovid’s post didn’t convince me that it wasn’t, because, as I said in a comment, “I’m quite certain that people spending more right now is a bloody good idea. So if printing more money gets people to spend more, then good, because that will encourage credit to start flowing again.”"}],"bookmarks":[]}