Posted in Currency Manipulation, Economic Issues, Federal Reserve, Government Spending, Government Stimulus, Interest rate manipulation, Keynesian Economics, Policy Issues, Tax Policy, Uncategorized

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.

Author:

A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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