Are Policymakers Trying To Inflate Their Way Out Of The Borrowing Conundrum
America’s $40 trillion national debt boosts the odds of a lost decade for stocks, market researcher warns
US government debt hit a record $40 trillion this week. Instead of raising taxes or cutting spending to pay down the debt, policymakers are likely to try to inflate their way out of the borrowing conundrum, according to Tom Essaye, the founder of Sevens Report Research.
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