More Thoughts on “Getting It Backwards”

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More Thoughts on “Getting It Backwards”

Steve Saville 10/17/2012 www.speculative-investor.com

[See related post (below) from Mr. Saville’s newsletter, 10/14/2012]
In the latest Weekly Update we stated that Keynesians invariably see “aggregate demand” as the driver of the economy and economic downturns as the result of insufficient aggregate demand. This is why they believe that it is a good idea to artificially stimulate demand during periods of [...]

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