Quote:
Originally Posted by MrBaldBastard
American economy would of been kicking ass regardless but at a slower rate, still kicking ass though.
By artificially simulating it, offshore loot, reduced taxes, deregulation, you get a short term boost, which causes inflation "interest rates go up" which is ok as long as that offshore loot and reduced taxes was used to paydown debt, and Government debt is going into infrastructure or economy building projects.
But neither of those two seem to of happened all we've seen is government and consumer debt continue to skyrocket, which is fiscal insanity when inflationary policies are in place.
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QE was over here. everyone knows that.
heads up: inflation is the risk of any booming economy, not of an artificial economy. you can't even begin to argue that our economy is artificial. get real. offshore loot? please, plenty of that loot was spent buying back stock. we are not only in no worse shape than any other country, we are debt wise, much better, and certainly way better economy wise.