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Yes! Too many people apply household economics to the state. If anything has been proven since the GFC it's that Keynsian stimulus works (when it is supposed to
by jahnu 10y ago
Yes! Too many people apply household economics to the state.
If anything has been proven since the GFC it's that Keynsian stimulus works (when it is supposed to be used not all the time, e.g. in a liquidity trap, i.e. now)