The European Central Bank has cut interest rates again, and the Federal Reserve may follow. With inflation rising in both regions, these rate cuts must stop.
Although the central bank president makes some salient points, they do not add up to the really big reason why Europe keeps falling economically behind America.
As the economic elite comes to Washington for the IMF-World Bank meetings, they cry about Trump’s idea for trade tariffs. Frankly, they have no idea what they are talking about.
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