Tuesday, May 14, 2019

As American as apple pie

As for Trump directing the Federal Reserve to do a "match" — essentially copying China's state run economic model to get through the trade war — that would be anti-capitalist, un-American, quasi-authoritarian, market distorting, and just about anything else you can think of that's counter to the way the US economy is supposed to work.
Linette Lopezat Business Insider has bought into the socialist ideal of big business. 

Look at history before you post, Linette, because we do get the Federal Reserve involved, and we always have. I think this is part of the MIT scam, the latest generation of economists who claimed to have solved an endogenous MMT problem.

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