Tuesday, September 6, 2016

Neil Wilson — Smart People talk about Government Buying

Must-read. It's a keeper.

Modern Money Matters. 
Smart People talk about Government Buying
Neil Wilson 


Ignacio said...

Goes in-line with "inflation" being a product of government price setting too, similar to what Matt says all the time.

Which makes sense considering that the government can set both price floors and can always bid more than non-govt sector (as it cannot run 'out of money!').

Sure an economist willing to work on reality (and not 'models') may find out that a large part of price variance can be explained by government action.

Bob said...

What is Xerographica going on about?