1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Good news: welcome to the first chairwoman of the Federal Reserve.

Discussion in 'BBS Hangout: Debate & Discussion' started by Northside Storm, Sep 15, 2013.

  1. Mr. Clutch

    Mr. Clutch Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,132
    Me advocating expansionary money is the same as europe advocating tight money policy?

    Wow, ok.

    You're pretty out of your element here.
     
  2. SamFisher

    SamFisher Member

    Joined:
    Apr 14, 2003
    Messages:
    61,921
    Likes Received:
    41,481
    No, but your methodology of ruling out better alternatives relies on the same specious "see things got better eventually " approach. You and Trichet are sympatico in that sense
     
  3. SamFisher

    SamFisher Member

    Joined:
    Apr 14, 2003
    Messages:
    61,921
    Likes Received:
    41,481
    I can tell you what it cost Japan. Two decades.


    Hi mr. Clutch - the tea party called from 2009 and they want their boring cliches back. Do be a dear and throw in a tricorner hat.
     
  4. Major

    Major Member

    Joined:
    Jun 28, 1999
    Messages:
    41,688
    Likes Received:
    16,224
    It certainly can, but why would you want it to? It's slower and much less direct (stimulating banks takes time to flow down to the rest of the economy), and it leaves much less flexibility if there's another downturn. And driving down interest rates has a lot of negative side effects, like making saving more difficult, forcing pension funds into lower returns or higher risk, etc.
     

Share This Page