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Milton Friedman
Beginning of paper
is known as one of the top economists in the world. He
has a Ph. D. from Columbia University, won a Noble Memorial Prize in economics
and has also been awarded many honorary degrees by other Universities in the
United States. As you can tell, has played a significant part in
helping to solve the economy problems of the world. You've probably h ....
Middle of paper
.... hoarding money too, making things even worse for
me. So actually, everything is related. People hoard money in difficult time s,
but times become more difficult when people hoard money. That was basically how
Keynes explained the recession. He also came up with a solution to it.
The cure for this, was for the central bank to expand the mon.... |
| Word count: 1035 |
Page count: 4 |
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