> We should have ZIRP forever and use fiscal policy to target price stability and full employment. If only (US?) politicians would get their act together and a

> We should have ZIRP forever and use fiscal policy to target price stability and full employment. If only (US?) politicians would get their act together and act. Instead we have folks that believe cutting spending/demand will increase economic output ("expansionary austerity"): * https://en.wikipedia.org/wiki/Expansionary_fiscal_contraction https://en.wikipedia.org/wiki/Expansionary_fiscal_contractio... Or that tax cuts pay for themselves: * https://en.wikipedia.org/wiki/Kansas_experiment https://en.wikipedia.org/wiki/Kansas_experiment