Judy Shelton on CNBC: Squawk Box "Economic Growth is Not Inflationary"
Posted: Fri. June 16, 2023, 10:25am PT
Posted: Fri. June 16, 2023, 10:25am PT
"The Fed could be more helpful if they pointed out that our biggest problem is overspending, and we need a balanced budget as soon as possible," says @judyshel. "They don't have to make it a political statement, it just has to do with the future fiscal viability of the country." pic.twitter.com/BUeENiqGcJ
— Squawk Box (@SquawkCNBC) June 14, 2023
"People working productively and economic growth are not inflationary," says @judyshel. "It goes back to the thinking of the 1970s: that government managers were so brilliant they could do a much better job than market forces. I'm always going to side with the private sector."
