経済学短歌 Economics Tanka
流動性のわな Liquidity trap
流動性(リュードーセイ)の わなはLM 水平で 金融緩和 景気に効かず
The liquidity trap thesis argues that monetary has no stimulative effect on the economy due to flat LM curve.
流動性の わなは貨幣への 投機需要(トウキジュヨー) 大なるゆえに LM水平
The liquidity trap assumes the condition where the LM curve is flat because of virtually infinite demand for money for speculative motive.
Kota Nakako