Okay, it isn’t the president directly, but the government. The money supply has grown out of control since 2008. Here is a Forbes article on the subject. We will have another recession because of this.
Monetary authorities across the world have poured out huge quantities of money to the point of even negative interest rates. Yet, despite this there has been minimal inflation and economic growth.
What is happening so that this vast money supply has not been economically productive? This is reminiscent of the 30s where monetary policy seemed to fail.
Monetary authorities across the world have poured out huge quantities of money to the point of even negative interest rates. Yet, despite this there has been minimal inflation and economic growth.
What is happening so that this vast money supply has not been economically productive? This is reminiscent of the 30s where monetary policy seemed to fail.