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That's a feature, not a bug. Keynes's whole point is that recessions are caused when too many people want to save and too few people want to consume. Putting
by sethg 17y ago
That's a feature, not a bug. Keynes's whole point is that recessions are caused when too many people want to save and too few people want to consume. Putting more money into circulation puts weight on the other side of that scale.
- zargon 17y agoThe numbers tell a different story. http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[1][id]=PSAVERT&s[1][range]=5yrs http://research.stlouisfed.org/fred2/graph/?chart_type=line&...