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Monthly Archives: October 2015
How Bad Would It Need to Be For Fiscal Stimulus? Maybe That’s Why the Fed Wants To Raise Rates….
First a clarification after my recent post. I am NOT “flat broke and unemployed.” At least not yet 🙂 The 2nd half of my post yesterday was a quote from another blogger – “The Coppola Comment“. As a follow up to … Continue reading
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Comments Off on How Bad Would It Need to Be For Fiscal Stimulus? Maybe That’s Why the Fed Wants To Raise Rates….
Wow.
I have tried hard to NOT cross-post, but this commentary just nailed it so… More specifically, he nailed the terrifying over-reliance on central banks and inexcusable, indefensible, incorrigible, and incoherent inertness of fiscal policy. The idea of stimulus (e.g. borrowing at near-zero … Continue reading
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Comments Off on Wow.