3 ms·
>Economic growth has largely been constrained by demand, not supply. This is the most basic misunderstanding of economics that I'm 95% confident you have never
by colinmhayes 7y ago
>Economic growth has largely been constrained by demand, not supply.
This is the most basic misunderstanding of economics that I'm 95% confident you have never taken even an introduction to macro course. Demand shocks don't lead to growth, only inflation.