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You're are caricaturing. that's not what Keynesians say. Spending to stimulate growth during a financial crisis ? sure,that's what the USA just did. But not spe
by aikah 11y ago
You're are caricaturing. that's not what Keynesians say. Spending to stimulate growth during a financial crisis ? sure,that's what the USA just did. But not spending just for the sake of it. And bailing out private banks with public money is not Keynesian-ism. It's moral hazard.