Ep. 280 The Theory and History Needed to Refute Keynesianism and MMT
Bob Murphy Show
00:00
The Keynesians' Guide to Valuation
Sally Kohn: I'm trying to give you more insight into what happens with actual prices and things to guide people. She says that when these governments cut their spending that the central bank facilitated by slashing interest rates that falling interest rates even without a central bank That's what would happen right so it's not that the central banks gave an assist they just passively went along but the fundamentals would now be, she says. The real resources that before we're getting siphoned away in the government projects are now being released the private sector is going to show up as net exports increasing her argues.
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