We have reached 0 interest rates and below in real terms. Monetary policy cannot work current situation. We have had small amounts of inflation. The money has to get spent to raise prices. I can put billions under a rock and not effect prices. People have to spend the money for inflation to occur at consumer levels. Lower federal taxes - this will work if given to those with the highest MPC. This will work directly and small deficits don't matter because we have sovereign currency..
Hint: take some cough tablets before making a video, or at least cough away from the mic!
bokkenrijder172 2 weeks ago
We have reached 0 interest rates and below in real terms. Monetary policy cannot work current situation. We have had small amounts of inflation. The money has to get spent to raise prices. I can put billions under a rock and not effect prices. People have to spend the money for inflation to occur at consumer levels. Lower federal taxes - this will work if given to those with the highest MPC. This will work directly and small deficits don't matter because we have sovereign currency..
TheMiniDonkey 4 months ago