Discussion of Turner, “The Case for Monetary Finance – An Essentially Political Issue”

Discussion (slides) of Adair Turner, “The Case for Monetary Finance – An Essentially Political Issue,” at the 16th IMF Annual Research Conference, “Unconventional Monetary and Exchange Rate Polices,” November 5-6, 2015, IMF, Washington, DC.
Video (my discussion starts 25 minutes into the session).

A more rigorous and analytical treatment of the issue is available in this paper by Willem Buiter.