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Blain’s Morning Porridge/Bill Blain/2-17-2020
“Much the same debate is being hammered across learned journals, the economic departments of central banks, and investment firms: what are the risks of massive reflationary stimulus measures, and what are the economic opportunity costs of not enacting them? There is no simple answer – except to try it. Economists still can’t even agree how money works – although there are plenty of theories. Some involve complex equations, but its largely art rather than science.”
USAGOLD note: Bill Blain read the same opinion piece referenced above and has some interesting observations and comments to pass along………
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