This Is a Slow-Motion Nationalization of the Economy
Summary by Mises Institute
As real wages decline and middle-class savings are depleted, the government expands its influence, garnering support from a substantial portion of the
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This Is a Slow-Motion Nationalization of the Economy
(Mises)—Global liquidity is expanding. In the past three months, the global money supply has soared by $4.7 trillion. This rapid increase started when the Federal Reserve panicked the first time and delayed the normalization of the balance sheet in June. Since then, we have seen a chain of fresh stimulus policies implemented by developed economies, adding to the large fiscal packages already in place. Multi-trillion-dollar investment packages li…
This Is a Slow-Motion Nationalization of the Economy
By Daniel Lacalle, Mises Institute | October 05, 2024 Global liquidity is expanding. In the past three months, the global money supply has soared by $4.7 trillion. This rapid increase started when the Federal Reserve panicked the first time and delayed the normalization of the balance sheet in June.
Since then, we have seen a chain of fresh stimulus policies implemented by developed economies, adding to the large fiscal packages already in plac…
This Is a Slow-Motion Nationalization of the Economy
(Mises)—Global liquidity is expanding. In the past three months, the global money supply has soared by $4.7 trillion. This rapid increase started when the Federal Reserve panicked the first time and delayed the normalization of the balance sheet in June. Since then, we have seen a chain of fresh stimulus policies implemented by developed economies, adding to the large fiscal packages already in place. Multi-trillion-dollar investment packages li…
This Is a Slow-Motion Nationalization of the Economy
(Mises)—Global liquidity is expanding. In the past three months, the global money supply has soared by $4.7 trillion. This rapid increase started when the Federal Reserve panicked the first time and delayed the normalization of the balance sheet in June. Since then, we have seen a chain of fresh stimulus policies implemented by developed economies, adding to the large fiscal packages already in place. Multi-trillion-dollar investment packages li…