The Absolute Return November Letter: Euthanasia Of The Economy?VW Staff
The Absolute Return Letter November Letter
In his masterpiece The General Theory of Employment, Interest and Money John Maynard Keynes referred to what he called the ‘euthanasia of the rentier’. Keynes argued that interest rates should be lowered to the point where it secures full employment (through an increase in investments). At the same time he recognised that such . . .
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