korrents

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Government spending in a supply-constrained economy worsens inflation and crowds out private activity.

Drawn from what Angus Taylor said

What this subject means

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

What Angus Taylor actually said

  1. Angus Taylor Australian Liberal Party politician
    With constrained supply, throwing money at the problem just worsens inflation and crowds out private sector activity.

Added to korrents 1 Nov 2026 · How quotes work · Something wrong? Tell us

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