Η “ανάσταση” του Κέινς

That’s Zero Interest Rate Policy — which is now, in the wake of this morning’s terrible employment report, inevitable. Yes, we’re Japan. Add to this the news of a retail sales collapse, and we’re looking grim, grim, grim. Monetary policy obviously isn’t enough. It’s time to raise Keynes: we need big fiscal stimulus, now now now. Any way we can get current management at Treasury to take early retirement, and get the new guys in right away?

Paul Krugman

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