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Thursday, August 13, 2020

Throwing Printed Money at the Problem Won’t Make it Go Away

The Federal Reserve responded to the economic havoc caused by government coronavirus shutdowns by launching QE infinity. It’s money printing to infinity and beyond. The mainstream almost universally believes that this is “necessary,” but we have argued that the “solution” is really the root of the problem. Economist Bryce McBride provides a perfect analogy for […]

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