How To End The Recession—Unshackle Production, Not The Printing Presses

The Fed’s actions during the last 85 days rank among the most destructive acts of state in modern times. Every member of the FOMC should be in the criminal docket right there with Derek Chauvin.

After all, anyone with even sawdust for brains could see that the unprecedented economic collapse was nothing the Fed could fix. That is, it was not due to a mysterious collapse of “demand” or high interest rates and therefore insufficient access to debt-enabled spending by households and businesses alike.

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