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by hnews_account_1
1465 days ago
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That fact that you conflate the QE and fiscal stimulus is reason enough not the read the rest of this diatribe. Basically you did answer where the M2 increase is coming from but you have no idea what is the difference between M2 and real money. If you’re following the idiots on finance twitter tweeting daily about velocity of money charts, stop, pick up a modern macro textbook and read in detail. |
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