by Summary:
As I note in the opening, money and monetary policy shape our lives and politics, but almost everything that is convntionally believed about it, especially by mainstream economists, is wrong. I show how the Federal Reserve Governors & Federal Open Market Committee clearly believe in the “money multiplier” model, which is a logical fallacy. They ...
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Steve Keen considers the following as important:
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As I note in the opening, money and monetary policy shape our lives and politics, but almost everything that is convntionally believed about it, especially by mainstream economists, is wrong. I show how the Federal Reserve Governors & Federal Open Market Committee clearly believe in the “money multiplier” model, which is a logical fallacy. They ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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