The economy doesn't need more consumption, it needs more production. Productive employment will stimulate the economy. Printing money and distributing it to non-productive people will not. It will only result in larger trade deficits, a weaker dollar, and higher consumer prices.
Blog Archive
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2020
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October
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- This Time Stocks And Bonds May Crash Together
- Bitcoin, Election & Stimulus
- Stock Market: All Bubbles Eventually Find A Pin
- Elections: Biden Will Create A Weaker Economy
- Goldman Sachs Bets Against The U.S. Dollar
- More Stimulus Only Weakens The Economy Further
- Much darker days for the U.S. dollar lie ahead. It...
- Powell Doesn't Understand Economics
- The Wrong Road To Economic Recovery
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October
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