| Thus, what is different this time is that large loads of debt and malinvestment have built up in the economy. |
| Inflationary or expansionist policy must result in over consumption on the one hand and in malinvestment on the other. |
| It leads to economic impoverishment, as it would stimulate consumption at the expense of savings and encourage malinvestment of scarce resources. |
| All of the delicate strands of this structure have to fit, and fit precisely, or else malinvestment occurs. |
| Encouraging additional malinvestment into green energy or other politically correct machinations won't stimulate recovery. |
| This line of analysis includes the critical issues of overinvestment and malinvestment, with a keen focus on capital goods investment. |
