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More Debt-Funded “Stimulus” Ensures Near Zero Real GDP Growth

More Debt-Funded “Stimulus” Ensures Near Zero Real GDP Growth

This next round of debt-funded stimulus will ensure that the U.S. economy look much like Japan's at least for the next decade if not the next 20-30 years. The fiscal side of the ledger is a deficit-promoting mess and the monetary side is complicit by way of subsidizing the debt. Fed official Neel Kashkari believes … Continue reading More Debt-Funded “Stimulus” Ensures Near Zero Real GDP Growth