Bruddah IZ
DA
Lock her up
Essential Economics for Politicians
- Thread starter Bruddah IZ
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- finance too
Bruddah IZ
DA
Forgiveness
Bruddah IZ
DA
Youʻre about 9 trillion dollars too late to point out the hazards of Keynesianism a.k.a. QE.
Bruddah IZ
DA
The "Vanishing middle class" where are they going? Again, Youʻre about 9 trillion dollars too late to point out the hazards of Keynesianism a.k.a. QE.
Bruddah IZ
DA
The wonders of QE.
Bruddah IZ
DA
It is true that some households benefit from easy money and artificially low interest rates. Their debt expenses have been reduced and they also are enjoying higher asset values.
But those benefits may be fleeting if the end result is a bubble that bursts, as happened in 2008.--Dan Mitchell
But those benefits may be fleeting if the end result is a bubble that bursts, as happened in 2008.--Dan Mitchell
Bruddah IZ
DA
Writing for the Washington Times, my Cato colleague Richard Rahn agrees that central banks are hurting savers, but he augments this analysis by making the very important point that easy-money policies simply don’t work.
Government economic policymakers have been trying to solve a problem of too much government spending, taxing and regulation by inappropriately using monetary policy, which has not and cannot solve the fundamental problems (it is like using a hammer rather than a shovel to dig a hole). The major central banks have been holding down interest rates, which is actually a massive indirect tax levied on the world’s savers. Historically, savers would receive about 3 percent interest above the rate of inflation on their safest investments, but now interest rates often do not cover even the low inflation that is occurring in the developed countries. …Many economists expected savers to save less and consume more as a result of low or even negative interest rates… When businesses and individuals look at the world debt situation and the increased chances of another financial collapse, their rational response is to increase “precautionary” savings, even though they are not receiving interest on them.
Government economic policymakers have been trying to solve a problem of too much government spending, taxing and regulation by inappropriately using monetary policy, which has not and cannot solve the fundamental problems (it is like using a hammer rather than a shovel to dig a hole). The major central banks have been holding down interest rates, which is actually a massive indirect tax levied on the world’s savers. Historically, savers would receive about 3 percent interest above the rate of inflation on their safest investments, but now interest rates often do not cover even the low inflation that is occurring in the developed countries. …Many economists expected savers to save less and consume more as a result of low or even negative interest rates… When businesses and individuals look at the world debt situation and the increased chances of another financial collapse, their rational response is to increase “precautionary” savings, even though they are not receiving interest on them.
Bruddah IZ
DA
"I want both"
Bruddah IZ
DA
"The world needs ditch diggers too, Danny"
Sheriff Joe
DA
Bruddah IZ
DA
Isnʻt it obvious? Lol
Hüsker Dü
DA
Me or Somoza? That was a quote from Anastasio Somoza.
Sheriff Joe
DA
Tariff Time!
Trump Confirms $34B Levied on China, Possible $516B More
President Donald Trump confirmed to reporters on Air Force One flight to Montana Thursday that tariffs on $34 billion in Chinese goods will go into effect at the end of the night, another $16 billion in two weeks, and another up to $500 billion more if China refuses to change unfair trade practices
Trump Confirms $34B Levied on China, Possible $516B More
President Donald Trump confirmed to reporters on Air Force One flight to Montana Thursday that tariffs on $34 billion in Chinese goods will go into effect at the end of the night, another $16 billion in two weeks, and another up to $500 billion more if China refuses to change unfair trade practices
Our politicians have been selling us out for decades.Tariff Time!
Trump Confirms $34B Levied on China, Possible $516B More
President Donald Trump confirmed to reporters on Air Force One flight to Montana Thursday that tariffs on $34 billion in Chinese goods will go into effect at the end of the night, another $16 billion in two weeks, and another up to $500 billion more if China refuses to change unfair trade practices
Trump is doing the dirty work.
Sheriff Joe
DA
Yup, especially the chicoms, red bastards.