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Potemkin Economy

Posted By Bosch Fawstin On February 1, 2013 @ 12:39 am In Cartoon Corner,Daily Mailer,FrontPage | 21 Comments

After news of a “surprise contraction” of .1 percent in the U.S. economy during the fourth quarter of 2012, the Fed decided to continue its $85 billion monthly bond-buying stimulus. What¬†could possibly go wrong? My cartoon below was based on an idea by Amy Peikoff.

 

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