Topping‐Off Jack’s Monday Missive; Plus, Dollar Correction Time?

I threw in the Lewitt quote above as a sort of extension to Jack’s Currency Currents missive yesterday. As much as we’re told we need a quick‐fix to get the American economy back on its feet, that idea is wrong.

It’s not going to be a quick‐fix that sufficiently rids us of our economic woes. It’s not going to be a government policy of demand‐stimulation that rights our wrongs. That approach is not the means towards long‐term, healthy economic growth.