Alan Manning writes that government should stop worrying about the current deficit, financing it less by issuing debt though being clear that this is a temporary policy for exceptional circumstances. He explains how monetary financing works and the policies the government ought to pursue in order to maintain the level of economic activity in the parts of the economy still open.

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20 October 2020

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LSE British Politics and Policy

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https://blogs.lse.ac.uk/politicsandpolicy/government-deficit-covid19/

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