Henry Curr is the economics editor for the Economist Magazine and a returning guest to the show. Henry has a new working paper out titled, "Money Printers Go Grrrr: Three Myths and Three Uncomfortable Truths about Quantitative Easing." Henry joins Macro Musings to discuss these three myths and uncomfortable truths about QE. Specifically, David and Henry discuss the continued relevance of quantitative easing as a policy tool, QE's relationship to financial markets and its effect on the banking sector, whether we can estimate the magnitude of its effect on interest rates, whether QE necessarily boosts the monetary base, and much more.

Check out Ideas of India, another Mercatus original podcast: https://www.discoursemagazine.com/tag/ideas-of-india-podcast/

Transcript for the episode can be found here.

Henry's Twitter: @Henry_Curr

Henry's Economist profile: https://mediadirectory.economist.com/people/henry-curr/

Henry's website: http://www.henrycurr.com/

Related Links:

*Money Printers Go Grr: Three Myths and Three Uncomfortable Truths about Quantitative Easing* by Henry Curr

https://spe.org.uk/reading-room/ryb-essays/2020-21-rybczynski-prize-essay/

*Fifty Shades of QE: Comparing Findings of Central Bankers and Academics* by Brian Fabo, Martina Jančoková, Elisabeth Kempf and Ľuboš Pástor

https://www.nber.org/papers/w27849

David's Twitter: @DavidBeckworth

David's blog: http://macromarketmusings.blogspot.com/