In the following video posted @ Casey Research, Mr.Hunt convincingly argues that the increase in debt levels in the economy  from about 240% of GDP to 350% of GDP since 1997 is the real cause behind the stagnation of the standard of living in the USA during the same period. On a broader scale, the interventionist, … Continue reading TYR reads Lacy Hunt: “No Increase in Standard of Living Since 1997” →