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Trump is running enormous deficits - These are aimed at the rich, but on this scale, some of it does bleed through into demand. The Fed is, of course, moving to pull this money back out of circulation to guarantee that a situation with full employment comes about does not happen.

.. Which means Trump would have to also take on the fed to actually accomplish anything on this front.

by Thomas on Sun Jun 17th, 2018 at 09:15:03 AM EST
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