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I'm actually genuinely curious what research and theory you are referring to, and I wouldn't know where to start looking. Could you give me some pointers?


You can start with anything by Bernanke related to the subject, both writings and speeches.


You could start with Friedrich Hayek and the Austrian school if you're interested in a serious defense of anti-Keynesianism.

Note: I'm not saying I agree with them, just answering your question.




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