Worth Reading.
The United States of Bed Bath & Beyond
In the American context, my personal view is that all of the signature economic policies of the past 30 years — ALL of them, from NAFTA to the Bush Tax Cuts to TLGP/TARP to QE1/2/3/infinity to Obamacare to the Tax Cuts and Jobs Act to PPP to the American Rescue Plan to the Inflation Reduction Act – have been bust-out policies.
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