Will Gold Shine Under Bidenomics?
Bidenomics is a big departure from sound economics. But when reason sleeps, gold fortunes are born. Q1 2021 hedge fund letters, conferences and more A Fundamental Shift In Economic PolicyBiden’s triumph in the presidential election does not just mean that a new man lives in the White House. It actually implies a fundamental shift in economic policy. Some analysts even see Biden’s agenda as a decisive break with neoliberalism or “Washington consensus”. You see, in the old orthodoxy, most economists trusted in markets, argued for privatization, deregulation, and liberalization. Taxes and social ...