An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
His main point is that the deficit needs to be very big to counteract the factors that spark off recessions (e.g. a fall in investment spending). Well what of it? Make the deficit BIG.!!
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His main point is that the deficit needs to be very big to counteract the factors that spark off recessions (e.g. a fall in investment spending). Well what of it? Make the deficit BIG.!!
Doh.
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