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Breitbart Business Digest: American Consumers Are Fighting the Fed

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The economic tide keeps rising even though the Fed has declared it is time for an ebb

One serious question is whether this is happening because of a series of economic situations in which monetary policy was rendered ineffective—first a

liquidity trap and then a liquidity tide—or whether monetary policy itself is doomed to be less effective than many economists thought. Perhaps it always has been so.

 

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