channel_zero commented on 'Two Days Until the Fog Lifts'
I've commented before, that dropping the cost of borrowing won't stimulate demand sufficient to get U6 back to more historic values. Inside the fed, they can manipulate the supply of money to devalue...
View Articlesomeone commented on 'Two Days Until the Fog Lifts'
Why should Europe copy the US? You have bigger health care system and lower life expenditure, you have a 99'er problem, your president is obviously appointed to kill people, your upper class is able to...
View Articlesomeone commented on 'Two Days Until the Fog Lifts'
I forgot the fifty million who have no health care, though you spend more on this growth economy... IT's all for the gdp you know.
View Articledwb commented on 'Two Days Until the Fog Lifts'
how about a tax on savings (since those who are hoarding have a lower propensity to consume) and higher wage income for everyone, given the "credit divide". hey wait, isn't there something that...
View ArticlePeter K. commented on 'Two Days Until the Fog Lifts'
As Professor Bernanke said about the BoJ, the Fed needs some Rooseveltian Resolve. The reason they can err on the downside is "downward nominal wage rigidity" is preventing deflation. But still the Fed...
View Articledwb commented on 'Two Days Until the Fog Lifts'
Sorry to break it to you but Bernanke left his ba!!$ at his Congressional swearing ceremony.
View ArticleWalt commented on 'Two Days Until the Fog Lifts'
Because US macroeconomic policy since the crisis has been objectively better? Your argument would be like some European in 1995 saying "Why do we need to have the Internet? We have a better health care...
View Articledwb commented on 'Two Days Until the Fog Lifts'
actually my favorite part is "while over 90 percent live in poverty" er, well, in the "middle" people have 2 cars, laptops, a tv in every room, an ipad and iphones. if that's poverty, i want to know...
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