Best Thread Keynes Vs. Hayek

Atilla

Legendary member
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There you go NT, stick this in your pipe...

https://www.bloomberg.com/view/articles/2016-11-18/even-trump-is-a-keynesian

Personally, I would maintain low interest rates but do concur with the Fed that they should rise another .25 basis points as unemployment target is below 6% and if inflationary pressure underlie prices then it can be justified.

However, whilst carrying out infrastructure investment to support monetary policy I would raise taxation on the mega rich and cash rich business hoarding profits off-shore. I would not be cutting taxes on the top earners which is very bad imo aggravating the government debt.