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It’s like the dark sibling of Keynes, eh? At least Keynesian theory had a notion of slowing an economy that needed slowing, and boosting an economy that needed
by mikrl 3y ago
It’s like the dark sibling of Keynes, eh?
At least Keynesian theory had a notion of slowing an economy that needed slowing, and boosting an economy that needed boosting, through a complementary mechanism.
The poisonous application on the other hand is to boost an economy at capacity, and use the inevitable crash to funnel wealth to… who knows where?