Plunge Protection Myths = Keynesian Economic Myths
January 4, 2019QUESTION: What about what China did by buying stocks a few years ago to stop the hang sang from dropping LW https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 ANSWER: Do not confuse attempts to support a market from actually being able to do so. This is the same as Keynesian economics that government could prevent recessions. Larry Summers admitted the government cannot even […]