15/09/24 17:14:45.39 44b1Nukq.net
>>231の続き
2. There are normally forces that tend to push the economy back toward
full employment. But they work slowly; a hands-off policy toward depressed
economies means accepting a long, unnecessary period of pain.
3. It is often possible to drastically shorten this period of pain and
greatly reduce the human and financial losses by “printing money”, using
the central bank’s power of currency creation to push interest rates down.