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To: DoodleDawg
The boom-bust cycle (that you claimed is inevitable) is caused by inflation, which is the responsibility of the FED.

For demand to fall on a national level would be due to a national cause, the artificially low interest rates giving the false view that there was more demand in the economy then there was.

48 posted on 06/14/2018 9:59:12 AM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: fortheDeclaration
The boom-bust cycle (that you claimed is inevitable) is caused by inflation, which is the responsibility of the FED.

It's caused by a lot of things. If the Fed was solely responsible for recessions then they would be able to prevent them as well.

49 posted on 06/14/2018 10:02:23 AM PDT by DoodleDawg
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