Essential Economics for Politicians
- Thread starter Bruddah IZ
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- finance too
Bruddah IZ
DA
Bruddah IZ
DA
Bruddah IZ
DA
Interest rates are prices. They impart information. They tell a business person whether or not to undertake a certain capital investment. They measure financial risk. They translate the value of future cash flows into present-day dollars. Manipulate those prices — as central banks the world over compulsively do — and you distort information, therefore perception and judgment.
Hüsker Dü
DA
Plagiarize much? I bet you Khan.
Sheriff Joe
DA
Somethings never get old.
Bruddah IZ
DA
Keep reading
Bruddah IZ
DA
It’s a definition.
Bruddah IZ
DA
But it’s all new for some in here.
Sheriff Joe
DA
You must mean the keynesians.
Bruddah IZ
DA
Aye I do. Although, Maynard would be embarassed.
Sheriff Joe
DA
I have a pretty tough question for you brah, are they worse at reading or Econ?
Bruddah IZ
DA
Yes. But they comprehend all the levers even worse.
Hüsker Dü
DA
I did and see why your non- answers are so garbled.
Bruddah IZ
DA
That’s your lack of comprehension.
Hüsker Dü
DA
Keep dreaming oh desperate one, keep the dream alive.
Bruddah IZ
DA
Lmao! It’s in your genes huspola.
Hüsker Dü
DA
The big increase in deficits is coming after President Donald Trump's pushed a $1.5 trillion tax cut through Congress in 2017. Congress then approved sharp increases in spending for the military and domestic programs beginning in 2018.
Spending so far this year totals $3.01 trillion, up 9.3 percent from the same period in 2018, while government receipts total $2.27 trillion, an increase of 2.3 percent.
Interest on the $22 trillion national debt is one of the fastest growing parts of the budget with net interest payments totaling $268.3 billion, up 15.6 percent from a year ago. That reflects the fact that interest rates have risen and there is now more debt to finance.
Spending so far this year totals $3.01 trillion, up 9.3 percent from the same period in 2018, while government receipts total $2.27 trillion, an increase of 2.3 percent.
Interest on the $22 trillion national debt is one of the fastest growing parts of the budget with net interest payments totaling $268.3 billion, up 15.6 percent from a year ago. That reflects the fact that interest rates have risen and there is now more debt to finance.
Bruddah IZ
DA
Wait for it...............nothing like 6 straight Years of QE under Obama to bail out his 1 percenter friends, nearly doubling the debt. He and Bush cluelessly introducing Trillion dollar deficits.