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I'm responding to the subset of arguments I see in the media. Concerns about fiscal stimulus get mega-boosted while concerns about asset stimulus get buried. It
by jjoonathan 4y ago
I'm responding to the subset of arguments I see in the media. Concerns about fiscal stimulus get mega-boosted while concerns about asset stimulus get buried. It makes sense that this happens in the media layer, not the academic layer. Apologies for poorly targeting my vitriol.
- JumpCrisscross 4y agoNo worries! Where this comes up, with a veneer of legitimacy, is when non-stimulus spending or taxation is contemplated. Hopefully the intragenerational contrast of 2008 and 2020 drives home the point that massive fiscal support together with broad-based monetary support is the way to drive a V-shaped recovery.