Keynesian Liquidity Preference Framework
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...Keynesian economics can be evaluated by having a glance over the recession periods. In U.S, before the World War II, eight recessions worsened into depression which happened in (1807, 1837, 1882, 1893, 1920, 1933 and 1937) and since world war II there have been nine recessions under Keynesian policies happened in (1945-46, 1949, 1954, 1956, 1960-61, 1970, 1973-75, 1980-83, 1990-92) and not a single recession turned into a depression... Keynesian Liquidity Preference Framework Letter 9 April 2009 Keynesian Liquidity Preference Framework
Hope you are in the best of your health. I am writing you this letter in order to describe you that how higher rate of growth of the money supply could impact interest rat...