The Atlanta Fed just lowered its estimate for Q1 #GDP to 2.6%. That is better than a 50% reduction from its highly touted 5.4% estimate made just 3 weeks ago! As growth has been stalling, inflation has been heating up. Yet markets remain completely oblivious to #stagflation.
— Peter Schiff (@PeterSchiff) February 27, 2018
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- The rich will get richer because return on investment
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- Economics in One Lesson
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- Against Public Policy
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- Here is Trump's "Strong Dollar Policy." The U.S. welcomes a weak dollar, as a weak dollar will strengthen the economy in the long run, leading to an even stronger dollar. So our new "Strong Dollar Policy" is a bet that a weak dollar will eventually result in a strong dollar!