The supposed stimulation of an economy by monetary means relies on sloppy analysis and the ignorance of the losers.
The promise of an easily come-by, ‘prosperity for all’, pulled into being by monetary means (i.e. by massive debt creation) was the corollary to this beckoning, idealistic outcome.
The promise of an easily come-by, ‘prosperity for all’, pulled into being by monetary means (i.e. by massive debt creation) was the corollary to this beckoning, idealistic outcome.
The monetary crank suggests a method for making everybody prosperous by monetary measures.
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