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Chuck Jaffe: Vanguard’s Bogle: Donald Trump Is The New John Maynard Keynes: Text & Audio

TedTed
in The Bullpen
FYI: President-elect Donald Trump’s intention to boost federal spending makes him “the new John Maynard Keynes,” investment industry icon Jack Bogle says.

The founder of mutual-fund giant The Vanguard Group predicts that U.S. stock investors will benefit — at least shorter-term — if the U.S. government puts Keynesian economics into practice. Keynes, the legendary British economist who died in 1946, proposed that governments should borrow and spend money to boost economic activity when national economies are suffering through a downturn.
Regards,
Ted
http://www.marketwatch.com/story/vanguards-bogle-donald-trump-is-the-new-john-maynard-keynes-2016-12-13/print

Chuck Jaffe's Money Life Show: Guest: John Bogle Part 1:

(Scroll & Click On Download)
http://moneylifeshow.com/highlights.asp
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