The Mudcat Café TM
Thread #117622   Message #2534846
Posted By: Richard Bridge
08-Jan-09 - 03:57 AM
Thread Name: BS: Printing more money UK What is that?
Subject: RE: BS: Printing more money UK What is that?
It's called reflation and it is used to cure recessions. You will remember that Thatcher used the opposite, restriction of money supply, specifically to cause a recession, and the debates about whether to use the M1 measure or the M3 measure or the modified M3 measure in that context.