Political Quotes

Mickey Levy: Fiscal policies have resulted in dramatic increases in debt, but they really haven't addressed some of the key…

On the recordJuly 19, 2017
Fiscal policies have resulted in dramatic increases in debt, but they really haven't addressed some of the key structural factors.
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Mickey Levy
There Is A Future

Editor's note · Context

Levy highlights the shortcomings of fiscal policies in addressing economic structural issues.

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The Fed's unconventional policies do deserve credit for lifting the economy and financial markets from crisis in 2008 and 2009.

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the purchase of mortgage-backed securities by the Fed is a dangerous long-term strategy.

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The Fed has created an extremely unhealthy relationship with financial markets.

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Both monetary and fiscal policies have gone off course and need to be reset.

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