banquedefranceBanque de France140475683682222899206/15/2021 - 13:05📝 [Working paper] The benefit of a #money-financed fiscal stimulus is to have larger redistribution effects but it implies larger welfare losses than a #debt-financed one. ➡ https://t.co/SXdl8SiqCa #BdFeco https://t.co/CdEePksMiX