Keynesian Economics is dead in the water and has been since the FIAT entrance back in the early 70's. It was always flawed...and it has been mixed in with monetarist policy during the 2008 disaster.
Our Government tends to favor the Keynesian approach but they keep forgetting about the most important part.............ADJUSTING SPENDING ..lol
Our current shite' show is based on Keynesian and has been since the first money started being printed during Covid(a sarcastic thank you Trump/Congress..Biden/Congress). It could work....but will never work again until we drop FIAT. And that will not happen.
FIAT could work but our "drunk" lawmakers are dumb as a box of rocks when it comes to personal finance.
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