From Justin Spittler, Editor, Casey Daily Digest:
Ivy League economists agree…
The economy is struggling because central banks haven’t printed enough money.
If you’ve been reading our research, you know this statement is absurd. After all, central banks have printed trillions of currency units since the 2008 financial crisis. The U.S. Federal Reserve has printed $3.5 trillion by itself. On top of that, many world central banks have dropped interest rates to zero, making it extremely cheap and easy to borrow money.
According to mainstream economists, these easy-money policies were supposed to jumpstart the global economy. But this plan has been a miserable failure. The U.S., Europe, and Japan are all growing at the slowest pace since World War II. China, the second-biggest economy after the U.S., is growing at its slowest pace since 1990.
• Many economists want to “double down” on the same failed policies…
Nouriel Roubini is one of…
