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Yes, understand what the parent is putting forward is a fringe theory. Some schools of economics like Austrian economics are obsessed with the money supply and
by stephen_g 4y ago
Yes, understand what the parent is putting forward is a fringe theory. Some schools of economics like Austrian economics are obsessed with the money supply and ignore other factors that clearly matter a lot.
- thaumasiotes 4y agoBefore you describe something as a "fringe theory", you might want to check whether it is taught by major textbooks in the field. (In this case, try reading https://www.macmillanlearning.com/college/us/product/Macroeconomics/p/1319263909 https://www.macmillanlearning.com/college/us/product/Macroec... )