Maxwell
mah519
Atlas Star
Posts: 28,459
Political Matrix E: -6.45, S: -6.96
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« on: October 26, 2015, 12:48:47 PM » |
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« edited: October 26, 2015, 12:50:21 PM by MW Senator Max »
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We're facing the point where monetary has basically done everything it can do. Helicopter money hasn't been very effective, we can't really get beyond the zero lower bound, so the conclusion is we need fiscal policy to do something since our economy is still relatively stagnant in terms of wage increases. Sadly enough, I think it's going to be in the form of military expenditures rather than the infrastructure improvements we need.
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