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Harrisomics

This is a syndicated repost published with the permission of Joseph Wang. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Vice President Harris’ proposed economic plan essentially guarantees stagflation by both subsidizing demand and discouraging supply. While Harris has been shy about her economic platform, her recent speech and prior campaigns suggest she would favor measures that discourage supply such as higher taxes and price controls. It also seems she would like to increase demand by subsidizing housing and forgiving some types of loans. A combination of stronger demand amidst lower supply suggests a stagflationary […]

The post Harrisomics appeared first on Joseph Wang.

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