The Double Fallacy Recovery – The Fed’s Central Planning Is Destroying Capitalism
by Jeffrey Snider via Alhambra Investment Partners,
ZeroHedge.com
02/13/2016
Economists keep claiming economic recovery fulfilled, and yet it is found nowhere other than the BLS… and it is certainly not the view of funding and credit markets. In answering why economists and policymakers would throw out the vast and growing volume of especially market-based contradictions to their preferred labor view, we only have to note that this is an existential question for them.
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