Solving Circuit Theory Conundrums

Steve Keen University of Western Sydney Debunking Economics wwwdebtdeflationcomblogs wwwdebunkingeconomicscom Circuit Theory Conundrums If on the other hand wageearners decide to keep part of their savings in the form of liquid balances firms will get back from the market less money than they have initially injected in it firms will be unable to repay to the banks the whole of their debt

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