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Re: BullNBear52 post# 220658

Wednesday, 04/24/2024 7:40:44 PM

Wednesday, April 24, 2024 7:40:44 PM

Post# of 220811
?...I'm incorrect when I showed reference to said fact. Let's try such agian from the IMF:

Keynesians believe that, because prices are somewhat rigid, fluctuations in any component of spending—consumption, investment, or government expenditures—cause output to change. If government spending increases, for example, and all other spending components remain constant, then output will increase.



https://www.imf.org/external/pubs/ft/fandd/2014/09/basics.htm

And again..from Investopedia:




So, how's that been working out the past 20 something plus years?

Where is there adjustment on spending?




We aren't in "Covid" anymore... and the tax cut argument is a fallacy. What caused inflation?.......Government spending. What caused the colloapse in 2020..not as much as Covid as much as the overreach of idiotic measures via Congress and administration(plural). They didn't fix shite'...and if Keynes was alive today, he would be sick at what he is seeing. This is not what he suggested and in no way Keynesian of the late 40's.

This is the EFFECT

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