Massive inflation may be coming, because the US government has cornered itself into a fiscal end game

Antony Davies, James Hartigan  |  May 22, 2020

By Antony Davies and James Hartigan, includes “Years of deficit spending has made monetary policy a slave to fiscal policy. … The federal government is moving into the final stages of its fiscal life. Deficits have gotten so enormous that the Federal Reserve simply prints the money the government needs. Why? Because that’s the only option left on the table.”

Read the full article on: Foundation for Economic Education

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