Comment Comment by ArkyBeagle "Reckless monetarism"? Meaning what, precisely?We're in essence in stagnation because of low interest rates - assuming that's the cause and not the effect.So now we're gonna go back to a demonstrably deflationary regime ( the gold standard ) and raise reserve requirements to 20%?How is that not even more deflationary? parent ArkyBeagle 10 years ago
We're in essence in stagnation because of low interest rates - assuming that's the cause and not the effect.
So now we're gonna go back to a demonstrably deflationary regime ( the gold standard ) and raise reserve requirements to 20%?
How is that not even more deflationary?