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We must not be speaking the same language. I read "monetary policy" and "fiscal stimulus" as "the government getting involved with the markets." Now I would h
by tc 18y ago
We must not be speaking the same language. I read "monetary policy" and "fiscal stimulus" as "the government getting involved with the markets."
Now I would hate to conflate Keynesian economics with any one proponent, but John Maynard Keynes himself once half-seriously proposed that the government bury dollar bills in old mines so that the economy could be stimulated by people working to dig them up.
- deleted 18y ago[deleted]
- gabrielroth 18y agoRight. It's the 'at every turn' in your original post, rather than 'under certain very specific conditions,' that I was objecting to.
- MaysonL 18y agoMarkets without government are usually more corrupt than markets with government.