'Trump said he was going to drain the swamp, but he just a president for rent seekers'.
It doesn't mention it here, but was the rising stock market just salivation over the $110 billion arms deal.
An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, November 5, 2018
The Economic Consequences of Mr. Trump
It's not perfect, it's mainstream economics, but it's interesting and raises some good points.
'Trump said he was going to drain the swamp, but he just a president for rent seekers'.
It doesn't mention it here, but was the rising stock market just salivation over the $110 billion arms deal.
With unemployment at a 50-year low, wages starting to pick up, and the stock market booming, the US economy has defied expectations since the 2016 election. Nobel laureates Angus Deaton and Edmund Phelps, along with Barry Eichengreen, Rana Foroohar, and Glenn Hubbard, ask why, and whether what looks like a robust recovery is masking another crisis in the making.
'Trump said he was going to drain the swamp, but he just a president for rent seekers'.
It doesn't mention it here, but was the rising stock market just salivation over the $110 billion arms deal.
Kaivey here’s another good one for you:
ReplyDeletehttps://www.zerohedge.com/news/2018-11-05/feds-misleading-money-supply-measures
“The most robust national income determination model is the monetarist model. The course of the economy when measured in nominal terms is determined by the course taken by the money supply“
Sounds right up your alley.... you may want to get right on it....