“ almost anytime there's a demand side recession, that is not enough spending for full employment, it reflects monetary policy being set at the wrong position, a monetary policy stance that is sub optimal. “ - or could this just mean that price signals are wrong due to fed intervention in markets, to keep the economy going we must have demand and spending doesn’t make sense
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“ almost anytime there's a demand side recession, that is not enough spending for full employment, it reflects monetary policy being set at the wrong position, a monetary policy stance that is sub optimal. “ - or could this just mean that price signals are wrong due to fed intervention in markets, to keep the economy going we must have demand and spending doesn’t make sense
Great Article! Thank you.
One question I have, speaking as a economic novice, is if the solution is so clear what are the impediments to implementation?