Journals Higher Education



Published: 05 July 2018

248 Pages


ISBN: 9780190462178

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Bookseller Code (AE)

How to Combat Recession

Stimulus without Debt

Laurence Seidman

  • Shows how a transfer from Federal Reserve to the Treasury enables fiscal stimulus without debt
  • Explains why new "stimulus-without-debt" plan will not generate inflation
  • Shows that fiscal stimulus-especially tax rebates to households-effectively combats recession

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