Looking at the Economic Myth of the “Soft Landing”

2 years ago
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Looking at the Economic Myth of the “Soft Landing”

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According to commentators, countering inflation requires monetary authorities to actively restrain the economy, with “experts” believing that higher interest rates need not cause an economic slump. Instead, they believe that the Fed cab orchestrate a “soft landing.” It is questionable, however. that a soft-landing scenario is possible. Money Printing Creates Economic Damage If inflation is defined as increases in the money supply rather than increases in prices, then it becomes clear that all that is required to counter it is to close all the loopholes for the generation of money out of “thin air.” The increases in the money supply...
Source: https://www.newswars.com/looking-at-the-economic-myth-of-the-soft-landing/

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