The above in mind, spendthrift habits among individuals, far from an economic stimulant, work against economic growth given the greater likelihood that the imprudent will eventually line up for handouts funded by the prudent.
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The problem now is that due to a weak dollar, one made weak by Treasury and Fed policy that says its creation is a stimulant, there will be no growth.
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Corrupted interest rates hinder growth, which underscores the inefficacy of inflation as a stimulant.
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