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Dr. Bruce Yandle's June 2023 Economic Situation Report

Mercatus Policy Download

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The Roller Coaster Effect of Constant Intervention in the Economy

This chapter explores the constant intervention in the economy and its effects on the roller coaster-like nature of the economy. It discusses the growth of M2 and its significant increase in 2021, concerns about inflation, the Federal Reserve's target rate, and the impact of interest rate decisions on the economy.

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