Template:Did you know nominations/Debt monetization
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- The following is an archived discussion of the DYK nomination of the article below. Please do not modify this page. Subsequent comments should be made on the appropriate discussion page (such as this nomination's talk page, the article's talk page or Wikipedia talk:Did you know), unless there is consensus to re-open the discussion at this page. No further edits should be made to this page.
The result was: promoted by Yoninah (talk) 15:54, 16 August 2020 (UTC)
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Debt monetization
- ... that while in many countries the government cannot finance its deficit by creating new money, it may still borrow from the central bank who can?
First paragraph of Mishkin p. 644- ALT1:... that by borrowing from the central bank, a country's government can finance its deficit without increasing the debt held by the public?
First paragraph of Mishkin p. 644 - ALT2:... that by purchasing about US$27.4 billion of government bonds, the central bank of Indonesia engaged in debt monetization once considered taboo by policymakers?
See [1] for the purchase of government bond. See [2] for the longstanding taboo against debt monetization.
- ALT1:... that by borrowing from the central bank, a country's government can finance its deficit without increasing the debt held by the public?
- Reviewed: Foreign funding of NGOs
Converted from a redirect by HaEr48 (talk). Self-nominated at 21:39, 2 August 2020 (UTC).
Review
General: Article is new enough and long enough |
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Policy: Article is sourced, neutral, and free of copyright problems |
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Hook eligibility:
- Cited: - Offline/paywalled citation accepted in good faith
- Interesting:
- Other problems: - the hooks need some copy-editing for grammar
QPQ: Done. |
Overall: Economics can be quite controversial but this seems a reasonably neutral start on an important topic. I'm not liking the link to the Internet Archive's "lending library". They are being sued for copyright violation and, in any case, the virtual book can only be borrowed by one reader at a time. If one of us has the loan then it's useless. Andrew🐉(talk) 10:47, 3 August 2020 (UTC)
- @Andrew Davidson: Thank you for the review. Removed the link from IA, I didn't know it was controversial. I thought the one-page snippet can be seen without having to borrow (similar to the Google Books snippets). Anyway, removed now. I also tweaked the hooks a little, if it does not suffice, I would appreciate some pointer on what should be fixed/improved. HaEr48 (talk) 15:06, 3 August 2020 (UTC)
- Thanks for the updates. I'll tick this as good to go. The wording of the hooks still seems somewhat awkward but I don't want to steal your thunder by re-writing them The hooks usually get copy-edited by others downstream so let's see how it goes. I'll keep the article on my watchlist and contribute as further points occur to me. Andrew🐉(talk) 21:04, 3 August 2020 (UTC)