Unintended Consequences, Part 1: Bigger Deficits = Higher Interest Rates =…Many Bad Things

Mainstream economics uses a fairly simple equation when it comes to public policy: More government spending equals more growth, which is just about always a good thing. The problem is with the “just about always” part. At the bottom of recessions, tax cuts and higher government spending can indeed stop the shrinkage and get things […]

The post Unintended Consequences, Part 1: Bigger Deficits = Higher Interest Rates =…Many Bad Things appeared first on DollarCollapse.com.


This post was originally published on this site
Comments are closed.