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Post-Modern Monetary Theory

The Breakdown

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Is Quantitative Easing the Right Thing?

monetary supply has been increasing at about five x the rate of inflation. Inflation measured via c p i, which is bred and gim memberships and clothing or tuition. The richest people from 20 22 are worth a lot more than the richest from two thousand seven. And so maybe some quantitative easing was useful to compensate. How much though? Well, i think a reasonable huristic is you want it to make sents for companies to invest in their operation.

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