Someone Has to Cut the Budget

Someone Has to Cut the Budget
The Federal Reserve on the National Mall in Washington, in a file photo. Chip Somodevilla/Getty Images
Jeffrey A. Tucker
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Commentary

All of Wall Street—and major parts of Main Street—are once again looking to the Federal Reserve to solve the problem of sinking financials, rising unemployment, falling output, and shrinking investment. An economic crisis is either on the way or already here, and this could turn into a financial crisis. The temptation to fire up the printing press will be irresistible.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]