I reread Keynes’ 1940 book ‘How to Pay for the War‘ last night to prepare for a debate this week (online, of course, and invitation only). This is from page 62: Five thoughts. First, Keynes understood that a government can create as much cash is it needs, at its own will. Second, the discussion of […]
source https://thebtrader.com/2020/04/06/what-keynes-knew-that-modern-economists-have-seemingly-forgotten/?utm_source=rss&utm_medium=rss&utm_campaign=what-keynes-knew-that-modern-economists-have-seemingly-forgotten
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