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A recent controversy that erupted was the question as to whether transfer payments (such as the 00 transfer that was debated in the United States) would cause the economy to overheat. There is an interesting issue: even if 00 is not enough, what about larger amounts? I have severe doubts that anyone could give a useful answer to what appears to be a simple quantitative question, without a country pushing the envelope for the sake of an economic experiment....Bond EconomicsTransfers And OverheatingBrian Romanchuk
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A recent controversy that erupted was the question as to whether transfer payments (such as the 00 transfer that was debated in the United States) would cause the economy to overheat. There is an interesting issue: even if 00 is not enough, what about larger amounts? I have severe doubts that anyone could give a useful answer to what appears to be a simple quantitative question, without a country pushing the envelope for the sake of an economic experiment....Bond EconomicsTransfers And OverheatingBrian Romanchuk
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Mike Norman considers the following as important:
This could be interesting, too:
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A recent controversy that erupted was the question as to whether transfer payments (such as the $2000 transfer that was debated in the United States) would cause the economy to overheat. There is an interesting issue: even if $2000 is not enough, what about larger amounts? I have severe doubts that anyone could give a useful answer to what appears to be a simple quantitative question, without a country pushing the envelope for the sake of an economic experiment....Bond Economics
Transfers And Overheating
Brian Romanchuk