When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That’s not how an economy works.
Original Article: Can an Easy Money Policy Increase Employment of “Idle Resources”?
Trump team signs memorandum of understanding with Biden White House to formalize transition
President-elect Trump’s transition team announced on Tuesday that it has agreed to a memor…