Private debt is simply a debt instrument that’s negotiated directly between the borrower and the lender, and it’s generally used in cases where traditional financing is not available, such as…
Modern Monetary Policy was put to the test in recent years, as a new round of QE following the massive money creation during the financial crisis shows some cracks in this theory.
Increasing the supply of money in the system helped avert disaster during the credit crisis, but it’s leading to more problems than solutions following the COVID-19 pandemic.