{"id":17939,"date":"2026-03-09T19:44:20","date_gmt":"2026-03-09T17:44:20","guid":{"rendered":"https:\/\/www.poleconomix.gr\/portal\/?p=17939"},"modified":"2026-03-09T19:44:20","modified_gmt":"2026-03-09T17:44:20","slug":"the-debt-inequality-cycle","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/the-debt-inequality-cycle\/","title":{"rendered":"The Debt-Inequality Cycle"},"content":{"rendered":"\n<p>Atif Mian <\/p>\n\n\n\n<p>During the Great Depression, as he saw ordinary people\u2019s purchasing power collapse, Federal Reserve Chairman Marriner Eccles warned that excessive saving by the rich was draining demand and deepening the downturn.\u00a0\u201cTo protect them from the results of their own folly,\u201d Eccles told the Senate in 1933 testimony,\u00a0\u201cwe should take from them a sufficient amount of their surplus to enable consumers to consume and business to operate at a profit.\u201d<\/p>\n\n\n\n<p>\u03a0\u03b7\u03b3\u03ae:  \u0399\u039cF<\/p>\n\n\n\n<p><a href=\"https:\/\/www.imf.org\/en\/publications\/fandd\/issues\/2026\/03\/the-debt-inequality-cycle-atif-mian\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Atif Mian During the Great Depression, as he saw ordinary people\u2019s purchasing power collapse, Federal Reserve Chairman Marriner Eccles warned that excessive saving by the rich was draining demand and deepening the downturn.\u00a0\u201cTo protect them from the results of their own folly,\u201d Eccles told the Senate in 1933 testimony,\u00a0\u201cwe should take from them a sufficient [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39,4],"tags":[],"class_list":["post-17939","post","type-post","status-publish","format-standard","hentry","category-18","category-39","category-proposals"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/17939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=17939"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/17939\/revisions"}],"predecessor-version":[{"id":17940,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/17939\/revisions\/17940"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=17939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=17939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=17939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}