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Veskit posted:So is the best monetary policy to use to curb a wealth gap between the top and bottom inflation because it'd devalue the items that have generated this wealth, and because marginal propensity to save that the lower income brackets is so low? (at least in america) Or do you run into the problem of getting the money downstream? Or is there a way to do it that I'm missing? The problem is that there really isn't much sense in trying to shrink the wealth gap by monetary policy when there are far better tools to use. In fact, by limiting the debate as you have done, you're also severely limiting the available topics than can be meaningfully discussed, because monetary policy is only one part of our political-economical system. Not to say that you're wrong in limiting the topic, but one needs to keep the drawbacks of that approach in mind.
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Sep 28, 2015 18:02
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| # ¿ May 16, 2024 01:55 |
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