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March 7, 2021 12:01 pm at 12:01 pm
#1954851
Reb Eliezer
Participant
It is stimulus. By putting money into people’s pocket, demand increases and the economy grows by Keynesian Theory and not like Milton Friedman, who makes you believe that supply increase generates the economy which there is no incentive for. If no increase in demand, there is no incentive to increase supply. The depression occurred because of overproduction which could not be sold.