Richard Koo – Government response to debt deflation

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This video of a speech by Richard Koo was noticed by a couple of our readers over on Steve Keen’s blog. It is well worth the 1 hour and 9 minutes of watching for anyone with even a small amount of interest in recent macroeconomic history. It is also a very timely message for the US and European governments as they decide on their next macroeconomic moves. I have decided to re-post it on MacroBusiness as I am sure it will spur a bit of a conversation between our readers who can make it through 69 minutes of powerpoint slides.

and a PDF transcript version of the slides thanks to The Prince