As every economist knows, lowering interest rates stimulates business «#Monetary Sovereignty – Mitchell #Monetary Sovereignty – Mitchell

As every economist knows, lowering interest rates stimulates business «#Monetary Sovereignty – Mitchell #Monetary Sovereignty – Mitchell

Source: As every economist knows, lowering interest rates stimulates business «#Monetary Sovereignty – Mitchell #Monetary Sovereignty – Mitchell

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One thought on “As every economist knows, lowering interest rates stimulates business «#Monetary Sovereignty – Mitchell #Monetary Sovereignty – Mitchell”

  1. As a middle class consumer, I fail to believe that deflation is bad in our economy. Wages and fixed income have not increased as much as our staples and bills have, and we are more prone to borrow with these supposed lower interest rates, but if prices did go down, as in a deflationary cycle, we could pay our sustenance with less of our own cash, and be able to buy more with what we have left over, or save it. Borrowing is not the way to sustain your present way of life, for sure. Roger has a bit of opposing view with Modern Monetary Theory proponents, I will look into this further.

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