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Macroeconomics does work though. Central banks do a pretty good job of tuning the knobs that steer GDP or inflation towards the direction where they want it to
by Aunche 4y ago
Macroeconomics does work though. Central banks do a pretty good job of tuning the knobs that steer GDP or inflation towards the direction where they want it to go. You just have to recognize that these aren't and can't replace structural reform.
- curiousgal 4y ago>Central banks do a pretty good job of tuning the knobs that steer GDP or inflation towards the direction where they want it to go. We'll see.
- ChrisLomont 4y agoWe have. Look at the Wikipedia page on history of recessions as a place that makes it clear.