It's the Fed, Stupid!
A Messaging Tip For The Donald: It’s The Fed, Stupid!
by David Stockman • September 19, 2016
The Fed’s core policies of 2% inflation and 0% interest rates are kicking the economic stuffings out of Flyover America. They are based on the specious academic theory that financial gambling fuels economic growth and that all economic classes prosper from inflation and march in lockstep together as prices and wages ascend on the Fed’s appointed path.
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