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I think you're trying to hint towards the Financial Instability Hypothesis, but you're misstating it. You seem to be implying that any credit-driven financing a
by vezzy-fnord 11y ago
I think you're trying to hint towards the Financial Instability Hypothesis, but you're misstating it. You seem to be implying that any credit-driven financing at all is inherently distortionary.
trickles down
Trickle-down economics works for government spending, eh?