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in the keynesian respect

Posted on: April 14, 2012 at 19:51:39 CT
Gadfly MU
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you use fiscal and monetary policy countercyclically

to stimulate economic growth, alleviate unemployment and curb inflation

by increasing fiscal spending when growth is needed and unemployment is high

and increasing interest rates to curb inflation, when it is high

countercyclically

so if we used fiscal stimulus and low interest rates now

to increase growth and alleviate unemployment

we would in the future increase interest rates and decrease spending

after we achieved low unemployment and good growth

countercycically

to curb inflation and slow growth

so that we prevent asset bubbles

Edited by Gadfly at 19:52:45 on 04/14/12
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     Bring back pre-Reagan era rates. - raskolnikov MU - 4/15 09:12:34
          Can we have the pre-Reagan deductions too? - Lerxst MU - 4/15 09:48:11
               You have any idea the number of loopholes added since 1980 - raskolnikov MU - 4/15 10:28:55
     repubs, hating redistribution, are closet egalitarians - kbit MU - 4/14 19:56:50
          They only hate redistribution when it doesn't go to them - raskolnikov MU - 4/15 09:13:25
          nothing egalitarian abt depression era economics - Gadfly MU - 4/14 20:50:33
     you are wrong - Gadfly MU - 4/14 18:06:25
          What does countercyclical mean? - GA Tiger MU - 4/14 18:37:58
               go to dictionary.com - Gadfly MU - 4/14 18:55:34
                    Ok, I did and it was a total waste of damn time. - GA Tiger MU - 4/14 19:46:21
                         in the keynesian respect - Gadfly MU - 4/14 19:51:39
                              the counter-argument is that interest rates - kbit MU - 4/15 07:44:33
                                   Your first paragraph says it all. And I note - GA Tiger MU - 4/15 08:25:55
                              Using fiscal and monetary policy is feasible if - GA Tiger MU - 4/14 20:54:56
                                   RE: Using fiscal and monetary policy is feasible if - sarasotatiger MU - 4/14 23:54:37
                                        One mistake you can always count on from gov't - GA Tiger MU - 4/15 08:24:06
                                   if you admit that countercyclical fiscal and monetary policy - Gadfly MU - 4/14 21:03:02




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