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by js8
2238 days ago
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> Anyways, I appreciate the insight on QE to offset deflation. Do you know of any interesting books on that topic I could check out? Anything from Steve Keen, he has a good endogenous theory of money. He had interesting models back during the financial crisis which showed that austerity was deepening debt deflation, QE to banks was somewhat OK, and QE to consumers (helicopter money) turned out to be the best solution. |
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