Jul 20, 2017 · 1 min read
Jason Ericsson:
When I say, repeatedly, in essay after essay, that governments need to invest heavily especially at zero rates, what do you think I mean? That they *shouldn’t* create and spend money?
The more interesting question is why you would need to think such an obviously contradictory thing. Perhaps you might want to try reading with a little rigor. I know it’s hard to believe for a white dude but it is your understanding of the economy as a whole, not just “money”, that is lacking here.
Thanks.
