Related;
Krugman Quote;
When monetary expansion is ineffective, fiscal expansion...must take its place. Such a fiscal expansion can break the vicious circle of low spending and low incomes, "priming the pump" and getting the economy moving again. But remember this is no by any means an all-purpose policy recommendation; it is essentially a strategy of desperation, a dangerous drug to be prescribed only when the usual over-the-counter remedy of monetary policy has failed.
Economic Fear: The Next Generation will be Moderate
Another day, another dollar
Is U.S. in Recession? Discussions Begin
IMF to Fed: Nice Job, but Slowdown Likely in Any Case
Stimulie, I
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