World News Fiscal Policy and Economic Reality August 1, 2024 1 min read There is no general social benefit from government spending regardless of how it is financed. Continue Reading Previous Previous post: Maturing Loans, Old AppraisersNext Next post: Fed Dot-Plot Forecasting Fiascos: June 2008 and June 2021 Related News Thanks to years of Fed-fueled inflation, consumers are tapped out Thanks to years of Fed-fueled inflation, consumers are tapped out November 4, 2025 Bloomberg: U.S. manufacturing shrinks for 8th month Bloomberg: U.S. manufacturing shrinks for 8th month November 4, 2025