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Deficits, Economic Stabilization and Growth.
An Alternative View of Finance, Saving, Deficits, and Liquidity
Chartalism deficits finance financial crisis Keynesian theory liquidity
2011/8/21
This article contrasts the orthodox approach with an alternative view on finance, saving, deficits, and liquidity, with the goal of shedding light on the current global financial crisis. It first brie...