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Stimulus Without Debt

Laurence Seidman

Challenge, 2013, vol. 56, issue 6, 38-59

Abstract: The persistent argument against Keynesian stimulus is that it will require government borrowing and therefore raise debt levels. But the stimulus should also increase incomes, easing any debt burden. The author argues there is another strategy to create stimulus but with no additional debt. He analyzes a wide range of monetary alternatives as well.

Date: 2013
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DOI: 10.2753/0577-5132560602

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