Gavin Green on Nostr: I recently read an article by an economist calling himself a ‘real Keynesian’. ...
I recently read an article by an economist calling himself a ‘real Keynesian’. This apparently means that you should print money to kick start a sluggish economy, but then you must pay it back when times are good. So my question is this: if you kick start an economy by printing money, and then when the economy is booming you remove the printed money, do you not then put the economy back where it was before? It sounds like a boost on false pretenses will not be sustained if the money is withdrawn. Am I missing something here? Any economists around that can help me with this?
LynAlden (npub1a2c…w83a)Published at
2024-07-31 01:56:17Event JSON
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