After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is underway, we must not repeat the same mistake....
Project Syndicate
Capitalism’s Triple CrisisMariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex
1 comment:
“ After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity,”
Here let me fix this for her:
“DURING the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity,“
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