Source: Underthrow
by Max Borders
“Our leaders on the left and right have been living in a fantasy world of unlimited spending, bailouts, and money-printing for far too long. The global economy now suffers from the consequences of expert opinion. An elite composed of interventionists, Keynesians, and Modern Monetary Theorists has been whispering into the ears of the powerful since 1913. Unless Congress, the Executive, and the Federal Reserve cooperate to engineer a miracle recovery, we will be forced to confront harsh reality. Most of the country will have to navigate the coming hard times with little help from Congress or the Central Bank. After all, the interventionist machine has finally begun to sputter and stall.” (10/28/24)
https://underthrow.substack.com/p/the-great-fiscal-conundrum