Absolutely, and that is what I meant when I said that short term, a policy of restricting resource use (and even total production) would increase investment.

My point about a need for solutions to avoid deflation was for the period after that, which is not anytime soon. I wanted to deflect any argument that stagnation was totally incompatible with full employment and avoiding deflation.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi