Sandwichman — (Other things being elsewhere...) "It’s a ceteris paribus thing,"

The IS-LM "ceteris paribus thing" is an "if p, then q" thing -- a tautology -- not a "since p, therefore q" thing. One cannot draw conclusions about the real world from it.

EconoSpeak
(Other things being elsewhere...) "It’s a ceteris paribus thing,"

Sandwichman