Can the Government Run the Economy? – YouTube

“The economy isn’t a machine, and the government can’t force it to act like one”

Peter Schiff on the Fed, Rand Paul, and the Next Financial Crisis

If you want a 12 minute economic eye-opener about what our economy is really built on and what we need to do about it, please listen to this. All the complex mechanistic mumbo-jumbo from the Fed about treasury yield curves and productivity are distractions… full of circular logic and designed to keep the bubbles inflated for a while longer. Will there be short-term pain if we do the right thing??? You bet there will be…and it will be worth it long term.

Are Easy-Money Policies an Obstacle to Genuinely Needed Pro-Growth Reforms? – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary – Page full

danmitchel

Dan Mitchell

The problem isn’t just in Europe. Like the ECB, the Federal Reserve also has tried to goose growth with easy-money policies.

But that’s like pushing on a string. Maybe there are times that the financial system needs more liquidity, but folks shouldn’t labor under the impression that printing more money solves the structural problems caused by too much spending, too high taxes, and too onerous levels of regulation.

And it’s quite possible, of course, that easy-money policies actually undermine long-run prosperity by creating bubbles.

via Are Easy-Money Policies an Obstacle to Genuinely Needed Pro-Growth Reforms? – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary – Page full.