W

bad optics

Trump Jr about to vaccum groyer dollars.

new money laundry about to drop

inb4 DoJ investigation

Reform UK

if anything New Deal spending wasn't enough due to the opposition from the reactionaries. it wasn't until WW2 when the war spending actually pushed the US into full capacity.

It only works if the inflation is caused by people having too much money

even in such a case, near full employment, the effects of monetary policy is so ambiguous. if the private sector (not just businesses, everyone except the Government) are buying up goods/services beyond capacity then the interest payments increase would act as an additional stimulus.

taxes are so much better than interest rates. you can target it at income groups, you can target it at profits, you can target it at specific good/service.

another alternative, entire banking sector is under Government control. then the interest rates can be targeted at specific groups too. so if you want to buy a luxury car, you would be charged a higher rate compared to a mass manufactured regular car.

all this assumes that higher interest rates results in lower inflation. does the Fed even believe that? the high interest rate right now is giving is giving free money to debt holders

Why did you beat Medicare?

what the fuck