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This is false; monetary policy has a very significant effect on economic activity... more than is generally understood."The serious flaw in monetary policy is that it may have little or no effect on the flow of aggregate demand." https://t.co/lVtSqAtghR— Pedro da Costa (@pdacosta) January 5, 2018
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This is false; monetary policy has a very significant effect on economic activity... more than is generally understood."The serious flaw in monetary policy is that it may have little or no effect on the flow of aggregate demand." https://t.co/lVtSqAtghR— Pedro da Costa (@pdacosta) January 5, 2018
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes DSGE models — a total waste of time
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Joel Eissenberg writes Oh, Elon!
This is false; monetary policy has a very significant effect on economic activity... more than is generally understood.
"The serious flaw in monetary policy is that it may have little or no effect on the flow of aggregate demand." https://t.co/lVtSqAtghR
— Pedro da Costa (@pdacosta) January 5, 2018