News: You Won't Believe What Just Happened To The NATIONAL DEBT
Rebel Capitalist News
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The Impact of Deficit Spending and QE on the Aggregate Balance Sheet and M2
This chapter discusses how deficit spending and QE affect the aggregate balance sheet and M2, explaining that while deficit spending doesn't change M2, it does increase the aggregate balance sheet. It also argues that the increase in aggregate balance sheet and velocity could potentially lead to inflation, even if M2 remains the same, highlighting the significance of examining the aggregate balance sheet.
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