patrick.net

  new post
register or log in

patrick.net's 40 proposals »

10,731 registered users, 6 online now: Blurtman, Fucking White Male, lostand confused, PCGyver, Tenpoundbass, YesYNot

Cure for Economic Slumps Seen in Raising Rates: Cutting Research

By mell (18/18 = 100% civil)   2012 Nov 23, 2:11am   ↑ like   ↓ dislike   634 views   4 comments   watch (1)   share   quote  

http://www.bloomberg.com/news/2012-11-23/cure-for-economic-slumps-seen-in-raising-rates-cutting-research.html

The solution to weak economic growth may be higher interest rates. That seemingly paradoxical remedy can apply if the cause of the slump is a confidence shock that cheap borrowing costs are failing to reverse, two Columbia University economists said in a report published this week. In such a situation, ultra-easy monetary policy risks making fears of deflation a self- fulfilling prophecy as spenders sit tight. If low interest rates cant motivate jittery consumers, then the answer may be the opposite: an increase in borrowing costs. Such a shift can boost inflationary expectations and therefore foster employment, said Stephanie Schmitt-Grohe...

Comments 1-4 of 4     Last »

1   Tenpoundbass (84/84 = 100% civil)   2012 Nov 23, 7:37am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

No No! I've been saying this for years, she's saying it wrong.
According to Iwog every time I say we need higher interest rates to create growth, it's phonetically sounds like "It's all Obama's fault. "

2   bmwman91   2012 Nov 23, 10:18am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

CaptainShuddup says

No No! I've been saying this for years, she's saying it wrong.

According to Iwog every time I say we need higher interest rates to create growth, it's phonetically sounds like "It's all Obama's fault. "

Repeat after me. "It's Bush's fault!" By the power I have vested in myself because I can, I now pronounce your an honorary Bay Area liberal.

3   APOCALYPSEFUCKisShostikovitch   2012 Nov 23, 10:36am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

Our only hope is to simply eliminate taxes and completely deregulate the financial services industry and amend the constitution to guarantee the bail out of all banks, no matter how criminally liable and to repeal the 13th, 14th and 19th Amendments.

4   mell (18/18 = 100% civil)   2012 Nov 23, 10:51am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

APOCALYPSEFUCK is Shostakovich says

Our only hope is to simply eliminate taxes and completely deregulate the financial services industry and amend the constitution to guarantee the bail out of all banks, no matter how criminally liable and to repeal the 13th, 14th and 19th Amendments.

And the fifth - they always plead the fifth when millions of client money has gone missing.

Comments 1-4 of 4     Last »

Watch comments by email

home   top   users   about   contact  
housing crash   thunderdome   sexy pix   site suggestions  
best comments   ad hominem comment jail   patrick.net on twitter   random post  
please recommend patrick.net to your boss