Thinking Big About Covid-19 and Monetizing Public Debt
A volunteer wearing a helmet resembling coronavirus urges locals to stay indoors, during the nationwide lockdown to curb the spread of the virus, in Karad, Saturday, April 18, 2020. (Source: PTI)

Thinking Big About Covid-19 and Monetizing Public Debt

(Bloomberg Opinion) -- A Holy Grail of policymaking since the end of the 1970s high-inflation era has been to stop turning public debt into interest-free money. In emerging economies like India, wh...
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