strypey,
@strypey@mastodon.nzoss.nz avatar

"Your best example of this is Japan, which made no change whatsoever to its interest rate [after the COVID pandemic began], but experienced much the same increase in inflation, and then fallback again afterwards. So interest rate is not a control and not a fine tuner for the economy in the way that neoclassical economists believe it is."

Professor #SteveKeen, 2023
https://debunkingeconomics.com/episode/should-we-fix-central-bank-interest-rates

#podcasts #DebunkingEconomics #economics #NeoClassical #InterestRates

  • All
  • Subscribed
  • Moderated
  • Favorites
  • Podcasts
  • ngwrru68w68
  • rosin
  • GTA5RPClips
  • osvaldo12
  • love
  • Youngstown
  • slotface
  • khanakhh
  • everett
  • kavyap
  • mdbf
  • DreamBathrooms
  • thenastyranch
  • magazineikmin
  • megavids
  • InstantRegret
  • normalnudes
  • tacticalgear
  • cubers
  • ethstaker
  • modclub
  • cisconetworking
  • Durango
  • anitta
  • Leos
  • tester
  • provamag3
  • JUstTest
  • All magazines