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Alternative Fiscal Medicine by kruithof is a document available to read on EtoBox.

What is Alternative Fiscal Medicine about?

The document discusses the challenges advanced countries face in reducing their public debt/GDP ratios, emphasizing that while fiscal consolidation is necessary, it may lead to economic struggles. It explores alternative methods such as inflation, financial repression, and debt restructuring, arguing that these options are often less equitable and efficient compared to direct adjustments. Ultimately, the author advocates for confronting the difficult choices of fiscal adjustment rather than relying on unort

Author

kruithof

Language

EN