x***e
发帖数: 62 | 1 probably it is sth like the 'liquidity trap'
even if government keeps printing money, the consumers will still
hold the money mostly in bank, saving will keep on increasing;
monetary policy can work because people will be fooled at least for a
while, seems that now even if government increases money supply,
people will not feel that they r richer than before.
hehe |
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