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How Long Can the Fed Keep This Time Bomb from Exploding?
Since the outbreak of the coronavirus, the United States has experienced one of the most unprecedented economic interventions in all of its history. Since March and April both the Federal Reserve and the US federal government have injected trillions into the economy...
Monetary and Fiscal Policy Won’t Help The Economy This Time
Remember all those “green shoots?” That was the ubiquitous phrase used by White House officials and TV talking heads in 2009 to describe how the U.S. economy was coming back to life after the 2008 global financial crisis. The problem was we did not get green shoots;...
The Truth? Trump Didn’t ‘Cut’ Payroll Taxes, He ‘Deferred’ Them, And You Have To Pay Them Back
At his golf club, Trump announced he was postponing payroll taxes through the end of 2020, extending the unemployment “bonus” at $400 a week, and… People are erroneously stating that Donald Trump’s executive order signed over the weekend “cuts payroll taxes on...
How Central Banks Made the Covid Panic Worse
Inflation is not an act of God; it is the outcome of a determined policy on the part of governments and central banks. Such a policy has both long-run and… Introduction Historical events are complex phenomena, and monocausal explanations are therefore by definition...Start Your Dollarcation With RTD University
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