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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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We’re in a classical Keynesian stimulus cycle, the size of which is so unprecedented that the resulting budget deficits will soon test MMT without a specific intention invoke the theory.
Here is a fun article by an economist who is able to explain these matters much better than me. https://www.realclearmarkets.com/articles/2020/04/30/where_are_all_the_austrian_scholars_yachts_490385. html
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MRM 1994 Carrera
Last edited by MRM; 10-28-2020 at 02:27 PM..
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