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Macroeconomic Policy, Myth of Effectiveness

Chang29
Posts: 732
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5/1/2015 8:26:18 AM
Posted: 1 year ago
If macro-economic theory was effective America should be needing restrains to curtail the overheating, but the central planners at the Fed, are still taking a wait and see approach. These best and the brightest armed with highly researched macro ideas can not an economy to a piont to end expansionary monetary policy.

As David Stockman writes, after 15 years of mostly stimulus and America has nothing to show for it.

http://davidstockmanscontracorner.com...

But, stories of the horrors than everyone was saved from will continued to be told.
A free market anti-capitalist

If it can be de-centralized, it will be de-centralized.