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Lol@monetarist theory. Aside from those who make a living from debt,why should anybody worry about deflation?
Aside from that,of course government spending crowds out private investment and government fiat creation waters down the purchasing power of each dollar. Only a Keynesian or neoKeynesian could question that.
Lol@monetarist theory. Aside from those who make a living from debt,why should anybody worry about deflation?
Aside from that,of course government spending crowds out private investment and government fiat creation waters down the purchasing power of each dollar. Only a Keynesian or neoKeynesian could question that.