The real problem in Washington and the economy is deeper…it won’t be fixed by bipartisan cooperation – because both parties are wrong. They have to be wrong. They have to respond to the marginal voter, who is a lunkhead.Bill Bonner on Misconceptions About the Consumer's Role in a US Recovery.
Election Economic Misconceptions (11) Government Expenditure causes
Inflation
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Politicians (mostly on the right) frequently claim that increased
government expenditure causes inflation. This is simply not true.
If the economy is ov...
1 week ago

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