Trump Faces a Mess of an Economy
Interest rates, inflation, home prices, and federal spending all pose big challenges to a Trump administration that is ill-prepared to deal with the deep-seated problems in the US economy.
Interest rates, inflation, home prices, and federal spending all pose big challenges to a Trump administration that is ill-prepared to deal with the deep-seated problems in the US economy.
For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today.
In What Has Government Done to Our Money? Murray Rothbard changes your whole view of the world—not just money.