Sunday, March 1, 2015

Uh ... Isn't Demand Destruction Inseparable From Policy?

  (Commentary posted by Roger Erickson)




Oil price crash is driven by Demand Destruction, not politics


?? Same thing? Or do they think the only demand that can be destroyed is demand for oil? They can't see the Aggregate Demand for THEIR demands?

How are Demand Destruction & policy separable?

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