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That's not really true. If you maintain the same level of spending but cut taxes, you're going to get money going into the economy. When those government issu
by gozur88 9y ago
That's not really true. If you maintain the same level of spending but cut taxes, you're going to get money going into the economy. When those government issued securities are bought, for instance, there's someone on the other end of that transaction that now has money.
The real problem with the 2008 recession is monetary stimulus doesn't really work.