Government spending cannot sustainably stimulate the economy; it merely redistributes wealth and causes long-term damage.
Discussion
We wrote 'Leverage is a Liar' in reference to central bank enabled deficit spending, which distorts markets and makes all prices "lies".
https://wavlake.com/track/67f9c39c-c5e1-4e15-b171-f1f5442f29a5
Gm!
Hi max happy black monday 🤟🏴☠️
When the state becomes the engine of the economy, it means the real economy is already in trouble. True growth can’t be imposed from the top down.