Government and Central Bank Medicine Makes the Economy Sicker

Every time the economy gets into trouble, governments and central banks react the same way – they cut interest rates and loosen monetary policy to stimulate borrowing and spending. The idea is that the “stimulus” will increase demand and pull the economy out of trouble. But there is a dark side to this policy – […]

The post Blog first appeared on SchiffGold.

Original source: https://schiffgold.com/guest-commentaries/government-and-central-bank-medicine-makes-the-economy-sicker/