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US needs more production instead of dollar-printing, market analyst tells Keiser Report

7 days ago   |   By RT

When a country, namely the US, can print trillions of dollars to keep its economy afloat, but is struggling to produce basic medical gear during a pandemic, it raises serious questions about its economic basis.
RT's veteran host Max Keiser sat in with Marshall Auerback, research associate at the Levy Institute, to discuss how the coronavirus outbreak exposed one of the core problems with US economic policies.
“We went way too far in favor of a model, where we said ‘Let's offshore as much manufacturing as possible and retain the software onshore.' It's an unviable model,” the analyst...
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