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You can't find a real criticism of anything I said? You don't have a real argument? Mockery in a place where an intellectual response goes says a lot. Learn ho
by javert 5y ago
You can't find a real criticism of anything I said? You don't have a real argument?
Mockery in a place where an intellectual response goes says a lot. Learn how to have an adult conversation.
Why are you even on this site?
P.S. I've taken econ classes. Can you think, or do you just accept whatever any particular book tells you as truth?
- colinmhayes 5y agoI can, it's just not worth my time. Suffice to say macro policy is the reason the US didn't have decades of stagnation like japan did and it requires fiat currency. If you want to disagree with every economist you can go ahead and write a peer reviewed paper that I'd be happy to check out.
- Geee 5y agoMonetary expansion and fiscal stimulus are exactly the policies that Japan has been doing. These policies have caused Japan's stagnation. Japan is a very good example why mainstream economists are wrong. Stimulating a zombie economy will just keep it alive longer. Economy must be allowed to die and regenerate.
- arcticbull 5y agoNah Japan is an example that monetary policy isn’t the be all and end all. The productivity and culture of the country matter.