Obama Administration Applying Keynesian Economics to ‘Ensure’ America’s Future Prosperity
March 13, 2010 by Editor · Leave a Comment
In order to prevent a recession from getting out of hand, the central bank must lift the money supply and aggressively lower interest rates. Once consumers have more money in their pockets, their confidence will increase, and they will start spending again, thereby reestablishing the circular flow of money, so it is held. Words: 542
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