Shelton, The Fed, & The Realization Of A Liquidity Trap

Shelton, who has been supportive of Trump’s views, recently stated her support to the WSJ which again shows her ignorance as to the actual workings of the economy. In reality, the ongoing decline in economic activity has been the result of declining productivity, stagnant wage growth, demographic trends, and massive surges in consumer, corporate and, government debt.

 

 

 

 

 

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