Neither Govt Spending Nor Fed Printing Brought Higher Prices
Back in March of 2020, former Federal Reserve Board member Kevin Warsh penned an opinion piece for the Wall Street Journal (“Let the Fed Administer an Antiviral Shot”) calling for the Federal Reserve to provide “liquidity” to American businesses crushed by lockdowns instituted by coronavirus-panicked politicians. Instead of recommending a cessation of the lockdowns […]
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