Why the "bang for the buck" for fiscal spending now, is twice as large as in the GFC About the author: Author name: By Michael Knox Job title: Chief Economist and Director of Strategy Date posted: 15 April 2020, 2:30 PM Morgans Chief Economist, Michael Knox, discusses how the Australian fiscal multiplier, is twice as large. Well, it is all because interest rates are near zero. Watch the video Listen to the podcast More analysis on the effects of COVID-19 The Outlook for the US economy for the year ahead Job Keeper Allowance Why the Fed can make $US 4 trillion dollars of commercial payments Can the Government spend its way out of trouble? The Current Collapse Revenge of the machines Why COVID-19 isn't a GFC Defending the economy against a pandemic The storm will pass and opportunities will rise Wuhan coronavirus More information View more analysis from Michael Knox by clicking on 'economic strategy' in the popular topics list, or listen to his full playlist of podcasts on Soundcloud. Alternatively, contact your Morgans adviser or nearest Morgans branch. Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents ("Morgans") do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.