2min chapter

The Compound and Friends cover image

Once Upon a Time in Boston

The Compound and Friends

CHAPTER

Is the Fiscal Stimulus Working?

In retrospect, and it's easy to say this for someone like me, or anyone else, the fad should have put the foot on the brake. A lot of people ere saying that, why tey still buying 60 billion dollarsworth af month? Why they n rit? With home prices up 19 %, what are we shooting for? Up 25%. So so exactly. The fiscal stimulus has turn into a fiscal drag. We thought was going to be a very gradualis return to normal from zero to neutral. It's not going to happen in a likelihood. Were we have a mitrum election coming up. And powels was trumps man.

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