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>You would be hard pressed to convince me that anyone making such suggestions should be taken seriously. You aren't supposed to take Keynesian gold digging as
by imtringued 3y ago
>You would be hard pressed to convince me that anyone making such suggestions should be taken seriously.
You aren't supposed to take Keynesian gold digging as a serious economic policy. It is a commentary about how your actions can be constrained so much that doing anything logical or reasonable becomes impossible because it hurts some special interest group.
> Much of our “money isn’t real” monetary policy is thanks to this thinking.
No, that started after the death of Keynesian economics. You know, the era of "monetary policy can fix anything"-Friedman. Monetary policy is inefficient so you have to do a lot of it and you can never stop.
If you want to take Keynes seriously, you should read a liquidity theory oriented book.
https://www.dieter-suhr.info/files/luxe/Downloads/Suhr_THE%20NEUTRAL%20MONEY%20NETWORK_Kurzfassung.pdf https://www.dieter-suhr.info/files/luxe/Downloads/Suhr_THE%2...
https://www.dieter-suhr.info/files/luxe/Downloads/Suhr_Structure-of-Money.pdf https://www.dieter-suhr.info/files/luxe/Downloads/Suhr_Struc...