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What struck me was that we knew Keynesian theory was nonetheless alive in the banks and on Wall Street. Economists in these areas relied on Keynesian models to make brief-run forecasts. It seemed strange to me that they would continue to do this if it had been theoretically confirmed that these models didn’t perform. If he can get the company 1/10th of the way there, to a $100 billion industry cap, it will supply a main extended-term increase for Tesla’s currently flagging share value. The finance sector provides a essential function. It is there to facilitate and allow the wheels of business to turn. But policy matters. What has occurred in the age of deregulation and lax taxation is that the finance sector has come to dominate the economy. This is madness. And here is your Wonderful Stagnation, people. Reading the chart from the left to the correct shows a dramatic downward trend with each and every subsequent peak in capacity utilization being decrease than the 1 earlier to it.
In regards to bank goods I’d purchase a bank CD alternatively of Savings Bonds because the interest is considerably better, terms are significantly shorter and the US Treasury will not be issuing bonds in the traditional way in the near future. The new Bonds will be electronic and they’ll be harder to cash in. I would like to hear from others with first hand and genuine life knowledge dealing with this concern. This list applies to almost any policy question in all of economics. Sometimes, policy fails. Often, the market place fails. And at times factors are working much …Read More