Eurozone in Times of Covid-19: Debt Monetisation by Stealth
Corona
Debt monetization
Perpetual debt
Balance sheet
Hyperinflation
Monetary dominance
While the ECB is not allowed to monetise debt formally in the wake of the Covid-19 crisis, there seems to be some scope to do so, without fear of galloping inflation. It might even be needed to hit the inflation target.
Authors
