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Economy
See other Economy Articles Title: Yes, the U.S. Economy Continues To Move in the Wrong Direction…
Source:
LRC
URL Source: https://www.lewrockwell.com/2023/06 ... o-move-in-the-wrong-direction/
Published: Jun 28, 2023
Author: Michael Snyder
Post Date: 2023-06-28 18:20:16 by Charles_Byrd
Keywords: None
Views: 129
Despite so much evidence to the contrary, the Biden administration continues to insist that the U.S. economy is on the right track. But is that really true? Thanks to the Federal Reserve, interest rates are now much higher and the money supply has been contracting at the fastest pace since the Great Depression. As a result, large companies have been conducting mass layoffs, the housing bubble is imploding, and economic activity is rapidly slowing down all over the nation. But if you ask Joe Biden and his minions, what we are witnessing is all part of the plan. In fact, they continue to speak of “Bidenomics” as if it is a good thing… Click for Full Text! Post Comment Private Reply Ignore Thread
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