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What The Weak Recovery In Japan Can Teach Us About Re-Igniting The U.S. Economy
Odd Lots
What Is Credit Creation?
I was suggesting a monetary policy that's stimulatory, but expands credit creation. Once the banks have so many non performing assets, they will not lend and then just stuck. So what do you do? Well, the monocers were saying just print money, some money supply. I didn't really think that they would try to definitely prove me right with that one because it's not the price of money. That's the problem.
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