The Policy Desk

Policy controls

Year 0 · Jan

Inflation2.0%

Unemployed4.5%

Real GDP$9.6T

Your four levers

Interest rate 4.00% Neutral is about 4%. Takes 6–18 months to bite.

Issue bonds 0% GDP/yr Borrowed cash lands in the treasury. It earns nothing until spent.

Infrastructure 0% GDP/yr Hires workers directly. Jobs end when spending stops.

Helicopter money 0% GDP/yr Cash to households, who spend it over about a year.

Unspent bond cash$0B

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Trigger a shock

What's happening

The Policy Desk

A toy economy that runs one month per tick. Move the levers and watch the effects arrive with a delay. Drag any chart by its handle to reorder.