Friday, December 6, 2019

Liquidity Distribution Policy

We've all heard Lagarde say it's better to have a job than savings (excuse me?), and here is Prof Farrel's take on the logical end-game, or outcome, of this policy:

https://www.youtube.com/watch?v=J2RmBGIIXLE

NB Before you dismiss him out of hand, recall that he's an Oxford Professor of Patristics, and is not a stoopid guy!

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