Mikko Ikola

49%
Flag icon
Freed from the restraint of having to find a cause of the recession, Keynes can then happily recommend the solution he is selling. Whenever there is a recession, or a rise in the unemployment level, the cause is a drop in the aggregate level of spending and the solution is for the government to stimulate spending, which will in turn increase production and reduce unemployment.
The Bitcoin Standard: The Decentralized Alternative to Central Banking
Rate this book
Clear rating
Open Preview