
Is the economy on the brink? March 31, 2023
Motley Fool Money
00:00
The Importance of the Market in the Economy
The ACT doesn't need to have impact on food inflation. It's impacting the overall amount of demand in the economy, that's exactly what it does. But you need the market, you need them, you need the mechanism to actually drive that. Otherwise what you're not with is more extreme booms and busts. The trouble with that Keynesian viewpoint is that, you know, it's like communism. We might fill in the troughs, but we never cut off the tops,.
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