Eichengreen sees danger in US fiscal stimulus

eichengreen-barry
Barry Eichengreen

Powerful government stimulus in the late 1930s helped end a long period of stagnation in the US, but trying the same thing now could prove destabilising, Barry Eichengreen warned on January 16.

Eichengreen told a conference at the Banque de France there was room for improving infrastructure in the US, a policy propounded by president-elect Donald Trump. But now may not be the right time, he said.

The US is close to full employment, the professor of economics noted. In such a situation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.