Econolimerick #2 — Confessions of a Supply-Side Liberal

“High inflation, high spending, or both,
Are the beaux to which many are troth,
But to stop the Great Stall,
For demand overall,
Rates in red are the way to get growth.”

For the economics behind this, see

Gather ’round, Children, Here’s How to Heal a Wounded Economy
How and Why to Eliminate the Zero Lower Bound: A Reader’s Guide
America's Big Monetary Policy Mistake: How Negative Interest Rates Could Have Stopped the Great Recession in Its Tracks
Why We are Likely to Need Strong Aggregate Demand Stimulus after Tight Social Distancing Restrictions are Over
The Costs and Benefits of Repealing the Zero Lower Bound...and Then Lowering the Long-Run Inflation Target
The Costs of Inflation
Monetary vs. Fiscal Policy: Expansionary Monetary Policy Does Not Raise the Budget Deficit
Helicopter Drops of Money Are Not the Answer

Also, don’t miss Econolimerick #1.