Wednesday, December 7, 2016

Farmer :" Unlike Keynes, I do not conclude that more government spending is the right way to cure a depression. Instead, I argue for a new policy in which central banks and national treasuries systematically intervene in financial markets to prevent the swings in asset prices that have such debilitating effects on all of our lives." Take the ass out of assets

Once again a certified member of the  anti Kalecki wing of macro nautics
points up capitalisms  own ass
 for a solution to
Her  blatant failures

In a still growing global civilization
The state  must assure asset market price paths remain progressive and stable
 if we want the capitalists on their own initiative
 to more or less
Stabilize the progress of real output  and employment