Why the "bang for the buck" for fiscal spending now, is twice as large as in the GFC
About the author:
- Author name:
- By Michael Knox
- Job title:
- Chief Economist and Director of Strategy
- Date posted:
- 15 April 2020, 2:30 PM
Morgans Chief Economist, Michael Knox, discusses how the Australian fiscal multiplier, is twice as large. Well, it is all because interest rates are near zero.
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