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Stasis Is Not An Economic State

Stasis Is Not An Economic State" . . . .While it appears instead to be in stasis, this economy is really just falling into disrepair that will get recognized (including the unfortunately necessary downward revisions to nearly every economic data series) once the artificial illusion is lifted. There is no growth, only the forces of economic nature overwhelming monetary ideology. For $85 billion per month (on top of MBS reinvestments) the Fed is literally getting nothing for its “money” except stalling real growth potential."

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