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Mises Institute
Mises Institute
3 Jun 2023


NextImg:Crowding Out: The Fed May Be Killing the Private Sector to Save the Government

A "soft landing" is impossible unless the government cuts both taxes and government spending at the same time interest rates are rising. This won't happen, so get ready for a hard landing. 

Original Article: "Crowding Out: The Fed May Be Killing the Private Sector to Save the Government"

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