Soft Landing For The Economy? You Hope

By | March 15, 2023 | 0 Comments

“If something cannot go on forever, it will stop.”– Herbert Stein, economist

Ben Shapiro is a lawyer, not an economist. But unlike many people, including many economists, he thinks logically and expresses himself clearly. His words are not encouraging.

What he describes is the Federal Reserve regulating the economy the way a novice drives a car: First too hard on the accelerator, then too hard on the brakes. Smoothness comes with experience. But the economic gurus like Janet Yellen are experienced. What explains their jolting, jarring, jerky performance?

Social Widgets powered by