Yes
No
@OP
Borrowing money at near-zero interest rates and using it to pump up the economy or even reduce/refuse to raise taxes is kind of a no-brainer when the economy is struggling.
hipster mods being all hipsters in this thread.
The bold movies are great movies too. But that still is no excuse for not seeing the Princess Bride. Did you only watch 6 movies the entire year of '87? The non bold movies are just ok but don't hold up very well and you should feel ashamed for thinking they should be seen over PB.
nsfw... or ur brain
Spoiler: show
I'm so hipster, I'm mainstream
[edit] omg I don't know why but I just burst out laughing at that .gif. Ty correction
I was kinda hoping one of my posts was edited with the Correction gif but Ksan has testicular torsion.
They were Spaghetti-Os when they went in
Why don't you pompous hipsters go regurgitate some daily show countermining in another thread?
Are this dudes other 1230 posts like this? Cause that's dedication.
No need to insult yourself bro.
ok.
Theoretically and usually practically, inflation will not happen at the same time with interest rate rising,
if there is too much money in the market then the bank won't want to hold too much either (depreciation triggered)
then the interest rate will fall.
The "Bond bubble burst" in OP article is describing a state called stagflation, where high interest and high inflation coexist.
Personally, I am a bit more optimistic than that.
I think the economy of our time is a lot more open to the world than the economy in the 1970s,
The financial institutes have become more matured and its policies too more sophisticated,
there are also a lot good things still going for the dollar: Euro is in big trouble continuously. Gold rush is often irrational.
Consumer spending level remains high even though it feel "this one is the last one"
Bernanke just tied the next Fed Reserve interest rate rise to the national 6.5% unemployment rate goal (currently 7.7%)
Can't say he has not tried hard to boost national confidence.
And I do think Obama-Bernanke team has a lot to back themselves up as they flagship their AIG bailout decision, along with many others.