Akvod on 17 April 2010
Like I said guys, it's all cool as long as we're in equillibrium, fuck any ideology.
However it should be admitted that running government defecits lowers national savings, causes crowding out in the loanable funds market, and reduces private investment, and long term growth.
Monetary policy first, then government spending, run surpluses when we're in an economic boom and contract that shit.
