Stimulating The Economy

wealthymatters“Demand side economic stimulus, either through monetary or fiscal policy, may be necessary for some countries in some periods but is not always the solution to downturns. When countries are in recessions characterized by low inflation, like the US and Europe, then demand side measures can work. If on the other hand slowing growth occurs alongside high inflation, exclusive reliance on demand-based measures cannot be the solution.”- Gita Gopinath


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