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Learning not to trust the All-In podcast

(passingtime.substack.com)
342 points paulpauper | 1 comments | 06 Nov 24 17:14 UTC | HN request time: 0.211s | source
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kemiller2002 ◴[06 Nov 24 18:12 UTC] No.42066611[source]▶
Please don't beat me up too much on this.

Even if their faulty assumption was true, wouldn't that just be a Keynesian approach to solving a recession? I though Keynes approach was that the government should step in a spend more to prevent a recession, essentially equalling what is lost in the free market.

Fully admit could be totally wrong on this. Just curious.

replies(3): >>42066924 #>>42068007 #>>42068030 #
1. ilya_m ◴[06 Nov 24 19:37 UTC] No.42068030[source]▶
Are we in a recession? I don't think so. There was (still is) a possibility of a recession, due to elevated interest rates, but the way fiscal policy works, through Congress's appropriations, it is hopelessly lagging behind monetary policy (the Fed).