she should be in jail

???

she's not

that;s how women work

she didn't die it seems

just broken ribs

and there's bail

economics 101 what is keysian economics?

am layman

I wonder why

@Muten debt spending

how does that work

LMAO

keynesian econ refers to schools that derive from keynes's work

yeah i love how they print money which devalues at a flat rate

so whenever the government spends too much it's a flat tax

epic win

deros?

@Death in June I had no idea, thank you fren

Debt enslavement. Selling assets to china, Saudi, Qatar, and Israel, in turn they raise our credit score, and we can tax their economic achievements. But in actuality, we really don't

As a result each American citizen owes about 300k in debt

something something broken record

Because they spend your money regardless of your personal credit

e🅱ic win

It's not capitalism

It's technically post capitalism

the unifying theme of the different schools is the rejection of say's law, that is, the idea that there cannot be a general glut in aggregate demand, and that shortfalls in aggregate demand can be rectified via some sort of stimulus

wtf does that mean

the most popular brand of keynesian econ nowadays generally prescribes the manipulation of interest rates and growth of private credit as the method to do so

It's internationalism

basically you can look at demand and supply in aggregate

a glut means that supply outstrips demand in aggregate

The point of me saying "I'm a layman" is so that you don't use techinqual terms so that I can understand

@Muten

so in a recession for example people may not be spending enough for the economy to perform at capacity

which results in high levels of unemployment

@Comando where is legend?

like new deal

the reason why keynesian stimulus takes the form it does is precisely because of capitalism