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Are Rate Increases the Right Response to Inflation?

Just seems like a lot of stuff gets passed with the promise of “this will cause the economy to grow even more and pay for itself”. I am pretty damn skeptical.
And you are correct. Any time someone says government spending will grow the economy, that probably false. The prevailing economic theory is the money multiplier is higher in the private sector than public sector. Nancy Pelosi is about the only person brave enough to say the opposite. The underlying reason is that markets determine demand for products better than politicians, and are therefore more efficient, and that's before government overhead, which is a pass through cost and adds no value.

We haven't had a revenue problem since WW II. We have a spending problem. We have government regulation problems. Don't take that to mean I'm anti-regulation, I'm not. I'm anti-excessive regulation.
 
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