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or central banks can just abandon ZIRP, and crush housing prices and wealth inequality in one fell swoop. If paired with fiscal stimulus, there might not even
by jgalt212 10y ago
or central banks can just abandon ZIRP, and crush housing prices and wealth inequality in one fell swoop.
If paired with fiscal stimulus, there might not even be any negative GDP consequences.
In any event, over the last few years wealth effect has shown to have very little effect on GDP.