Excellent analysis, relevant not just to Canada. The point about the merits of deficit spending in a period where rates lower than inflation is crucial.https://twitter.com/JimboStanford/status/1238580327137726464 …
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One big problem is that Keynesian economics, although obviously true, goes against the intuitive common sense view many people have of economics (that debt is bad). It's incumbent on policy makers and analysts to fight against this cloudy thinking.
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