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12/02/2020

Liberty Pulse

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Mises.org: The Stimulus Scam

1 min read

Mises.org: The Stimulus Scam

The recent improvement of the global economy, with particularly high economic-growth numbers for the United States, is just one more deception in a long series of deceptions that have plagued policy makers and investors. While official statistics register a rising gross domestic product, the long-term production potential of many economies around the world is actually contracting. The present economic expansion is brought about by massive stimulus policies. This kind of economic expansion does not constitute genuine economic growth…

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