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You don't seem to understand what Cantillon effect is. Since the Fed has been printing more money than every in history, the effect is very strong - Wall Stree
by FunnyBadger 4y ago
You don't seem to understand what Cantillon effect is.
Since the Fed has been printing more money than every in history, the effect is very strong - Wall Street and elites who can "play big" on Wall Street and Business are at the entry point of that printed money. It's FAR MORE than either income tax or credit cars - by ORDERS OF MAGNITUDE!
Neoliberal Economics IS Keynesian Economics. Printing money to solve problems IS Keynesian Economcis.
- CrackerNews 4y agoNeoliberal economics is commonly correlated to monetarism, which came as a response against the implementation of Keynesian economics before it. Reducing Keynesian economics solely to printing money also seems overly reductionist. I'd say the Fed is more interested in propping up growth rates regardless of the fundamental instability or the unfair effects of a more unfettered capitalism.