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The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
Original article: https://mises.org/mises-wire/next-economic-downturn-will-be-here-soon-enough
By Mises InstituteThe US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
Original article: https://mises.org/mises-wire/next-economic-downturn-will-be-here-soon-enough