tag:blogger.com,1999:blog-6297413898275266606.post8441685775283233100..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Stimulus? What Stimulus? Part IIhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6297413898275266606.post-18224070854449920932011-09-28T16:45:57.356+08:002011-09-28T16:45:57.356+08:00My friend, we're talking here about fiscal pol...My friend, we're talking here about fiscal policy, not monetary policy.<br /><br />Since in effect the "additional" spending was offset by fiscal consolidation in other parts of government (both here and in the US), then there's no extra money being issued or spent at the aggregate level. In effect, it's a transfer of spending from one part of government to another. The hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-88508508295055091422011-09-28T15:54:28.288+08:002011-09-28T15:54:28.288+08:00bad idea, stimulus. the only thing that all that c...bad idea, stimulus. the only thing that all that cheap money did was to flood the emerging economies and fuel speculative bubbles in commodities and assets and drive up inflation. not a dime went to employing more workers, increasing bank loans to SMEs or building new infrastructure. classic dimwit solution - print money, cheh! How stupid can one get? better to drop the dead donkey than to prop dukuheadhttp://dukuhead69.blogspot.com/noreply@blogger.com