Monday, May 21, 2012

Liquidity Trap

Found this by accident:

Source: Introductory Microeconomics and Macroeconomics
By TR Jain, VK Ohri
I can duplicate that graph.

Dunno about the interest rates, though.

1 comment:

The Arthurian said...


A similar graph from David Lawson at Steve Keen's Debtwatch today.


the space between the straight line and the curvy line, that space is all debt.