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In response to
"Your old econ books would not work because the changes in the view of monetary policy has occurred because the real world didn't match up with -- (edited)"
by
pmb
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My broad thinking is that monetary policy can only do so much. Changes in fiscal policy are needed as well, primarily to deconcentrate wealth
Posted by
znufrii
Aug 3 '21, 14:06
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Leading to increased household spending. And then we’ll see how well the Fed can deal with the resulting inflation.
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Responses:
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