Understanding The Non-Existence Of Financial Constraints — Brian Romanchuk

Summary:
In summary, if we accept the premise that the government can wait for after a recession to worry about its finances, then we can say that it does not face a financial constraint. Given that the former appears to be a consensus view, the non-existence of financial constraints is not particularly radical. Bond EconomicsUnderstanding The Non-Existence Of Financial ConstraintsBrian Romanchuk

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