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Is Fed Right to Inject Economy with More Dollars?

Stephen Moore, CNS News

Policy changes that promote the production of goods and services don't cause inflation. If anything, more output leads to lower prices. That happened in the Reagan years. Ronald Reagan proved high growth and stable prices can peacefully coexist. This happened in the Clinton years as well, when federal spending was cut dramatically. Of course, the Fed should always keep a watchful eye on inflation, and if it rears its ugly head, the rate cuts and other liquidity measures should cease. But the limits to growth skeptics are wrong. This Trump economy has the capacity to grow north of 3 percent for years to come.

https://www.cnsnews.com/commentary/stephen-moore/fed-right-inject-economy-more-dollars