kizee1 wrote:your saying that a monetary contraction doesn't necessarily lead to a recession? Ur joking rite?
what do u understand by a monetary contraction? in ur view the amount of money in circulation doesn't affect economic growth?
name one recession that was not caused by monetary contraction, just one
My friend two things to mention..
1. The amount of money in circulation does affect economic growth but it has never been the
ONLY factor affecting economic growth in an economy..
2. All Recessions maybe caused by monetary contractions as you say but that has never meant that all monetary contractions have resulted in recessions.. if the contraction is dealt with well or is temporary why should a recession result??
So YES I am saying that not all monetary contractions lead to recessions.. it all depends on the nature, duration and severity of the contraction..
Mark 12:29
Deuteronomy 4:16