by Justin Spittler
Ivy League economists agree…
The economy is struggling because central banks haven’t printed enough money.
If you’ve been reading the Dispatch, you know this statement is absurd. After all, central banks have printed trillions of currency units since the 2008 financial crisis. The U.S. Federal Reserve has printed $3.5 trillion by itself. On top of that, many world central banks have dropped interest rates to zero, making it extremely cheap and easy to borrow money.
According to mainstream economists, these easy-money policies were supposed to jumpstart the global economy. But this plan has been a miserable failure.