Nicole, let’s entertain the possibility that Keynes was wrong from time to time. This quote, which presupposes that monetary expansion can only take the form of a reduction in interest rates, surely seems like one of those times.
Nicole, let’s entertain the possibility that Keynes was wrong from time to time. This quote, which presupposes that monetary expansion can only take the form of a reduction in interest rates, surely seems like one of those times.