The issue with a possible stimulus is that it works on the demand side, not the supply side. The virus outbreak causes both a supply shock and a demand shock…
The issue with a possible stimulus is that it works on the demand side, not the supply side. The virus outbreak causes both a supply shock and a demand shock (people staying away from cinemas, theaters etc) but the supply side (people working from home, not flying, avoiding 1/2 https://t.co/CAIAdKGH2e — Bert Hofman(郝福满) (@berthofmanecon) February … Read more