Ep. 280 The Theory and History Needed to Refute Keynesianism and MMT
Bob Murphy Show
00:00
The Fed's Stock Experiment and the Dollar's Fall
U.S. has to increase net exports not that it has to but that's a natural thing that would happen if just the u.s. did it on its own in the stock experiment and so the price is how are people going to be led to do that well? If prices come down then consumers buy more stuff right because again businesses have to retool instead of sending two trillion dollars worth of product and services to the government now they got to give it to other people too.
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