They propose an infrastructure program to promote the economy, but finance it with a tax increase that removes at least an equal amount of aggregate demand.

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This of course is called inflation, and the greater the deficiency in our aggregate retirement savings, the greater the amount of inflation we can expect.

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When a corporation pays interest on a bond, it will typically send the aggregate amount that it owes on a whole issuance of bonds to Depository Trust Company (DTC), which will then divide the interest among bondholders according to how much they are owed individually.

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This price sensitivity would not only reduce the aggregate amount spent on insurance, but may work to reduce unnecessary utilization of medical services and more price sensitivity when it comes to choosing providers, medications, and treatment plans.

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So, move money from those rich and corporations into the hands of the poor and more, say, some 10 or 15% of the amount moved, will be spent, thus boosting aggregate demand.

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This would not only boost aggregate demand, but would have the pleasant side-effect of reducing the amount of debt held by the public, which could give Congress room to cut taxes or increase spending.

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All that huge amount of government borrowing to pay for the war stopping, there should have been a plunge in aggregate demand and thus something between a recession and another Depression.

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