In Borrowing ≠ Debt, JW Mason writes
while higher growth may not be within reach of policy, higher inflation and lower interest rates certainly are.
Challenging the Premisses
Start with the debt problem, three views of it,
and the most important thing. Here's a longer look at the debt problem.
Here's a short one on economic policy, some surprising trends, and a few unusual policy recommendations. How'd we get into this mess? Read Policy Venn and Policies of the Venn Overlap. Still with me? Read A Matter of Life and Death. And for an overview, download my 12-page PDF |
while higher growth may not be within reach of policy, higher inflation and lower interest rates certainly are.
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