What Should Be Finished About The Financial Crisis In Europe And The U.S.?

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Have you ever thought-about what would happen if the federal government didn’t deficit spend? Each time I argue in opposition to Austrian economics, I come up against the same thing: you guys have just a little rule of thumb, like “more dollars = inflation,” and you stop there. You don’t apply your rule to reality to see if it holds true. And most maddeningly of all, you don’t even think about the …