... if we do continue to pay people more money not to work than we’re paying them to work, they’re never going back to work. They’d be idiots to go back to work.
The one lesson that we have clearly learned since the 2008 'Great Financial Crisis', is that monetary and fiscal policy interventions do not lead to increased levels of economic wealth or prosperity...
By bailing out the sources of systemic fragility with trillions of dollars, the Fed has shifted the risk to the entire financial system and the nation's currency...
