5
0

Summing It All Up In One Cartoon


 invite response                
2013 Sep 22, 9:37am   1,357 views  1 comment

by mell   ➕follow (9)   💰tip   ignore  

Comments 1 - 1 of 1        Search these comments

1   clambo   2013 Sep 22, 2:25pm  

The cartoon is confused.
Bernake is afraid that the bad US economy would get worse with higher interest rates.
Expecting low interest rates to stimulate the economy and create jobs is always a fantasy anyway.
Investors who have a choice with their money will buy stocks if interest rates are low.
Higher interest rates only are useful to combat inflation by throwing cold water on the economy.
The cartoon should instead show the fantastic level of deficit spending and $16,000 billion debt.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions