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Re:2020 had some significant silver linings by notahacker on Friday December 25, 2020 @09:38AM (#25536701)
Also, whilst Keynes had a number of policy preferences which are unfashionable now ('euthanasia of the rentier' through sustained low interest rates being one), the General Theory explicitly was about how governments could soften economic contractions like the one we're experiencing now, and explicitly wasn't about governments running structural deficits. At various times he argued that higher taxes were necessary and desirable if the government wanted to use more resources, and that government funded services were more desirable than widespread redistribution payments.
Re:2020 had some significant silver linings by Der_Einzige on Friday December 25, 2020 @12:24PM (#25537697)
We are in a period of sustained low interest rates. It would be interesting to see if the percentage of people who own their home is going up as a result. I can anecdotally tell you that the interest rates being so low are motivating me to try to get a home loan ASAP despite the prospect of mortgage insurance because I personally do not believe that the interest rates will stay low forever...