Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
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

by Cyrille (cyrillev domain yahoo.fr) on Mon Nov 18th, 2013 at 05:26:26 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series