Fed Forced Into Record Spending by the Threat of Another Great Depression… Rickards: Don’t Believe the Happy Talk
Pandemic Bills Are So Big That Only Money-Printing Can Pay Them (Bloomberg) — Forced into record spending by the threat of another Great Depression, policy makers are blurring the lines between borrowing the money they need and simply creating it.Most modern economies have tried to keep the two activities as separate as possible. The typical … Read more