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Home | Mises Library | Crowding Out: The Fed May Be Killing the Private Sector to Save the Government

Crowding Out: The Fed May Be Killing the Private Sector to Save the Government

Audio Mises Wire

Tags Money and Banks

06/03/2023Daniel Lacalle
Narrator: 
Millian Quinteros

A "soft landing" is impossible unless the government cuts both taxes and government spending at the same time interest rates are rising. This won't happen, so get ready for a hard landing. 

Original Article: "Crowding Out: The Fed May Be Killing the Private Sector to Save the Government"

 

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Daniel Lacalle

Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020), Escape from the Central Bank Trap (2017), The Energy World Is Flat (2015), and Life in the Financial Markets (2014).

He is a professor of global economy at IE Business School in Madrid.

Creative Commons Licence
 
Original Article: 
Crowding Out: The Fed May Be Killing the Private Sector to Save the Government