Friday, January 16, 2015

Hoover: Slow growth is due to low investment driven by bad economic policy.

The Fed are fools to think that you can solve real problems with monetary juju. I've likened Fed behavior to a Dr. Feelgood who noting his patient has heart disease chooses to stuff him full of amphetamines to make him feel better...until they kill him, that is.

We're on a monetary speed binge while the Obami's policy plaque builds up in the nation's already dodgy fiscal arteries.

More at the link.

http://www.hoover.org/research/three-strikes-against-fed

No comments:

Post a Comment