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.
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Friday, June 18, 2021
Not the right time to get pumped up about inflation — Dominic Caddick
Recall that in 1936 FDR jumped the gun in prematurely cutting back stimulus aimed at recovery, which truned out to have been premature. But the outcry against "loose money" was loud, and FDR unwisely buckled to it.
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