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On the Road to Stagflation

Discussion in 'Economics and Financials' started by padre31, Aug 25, 2010.

  1. padre31

    padre31 Premium Member Luxury Box

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    inching to 100k posts


    http://www.minyanville.com/business...n-money-printing/8/23/2010/id/29730?page=full


    Sooner or later, reality will have to be embraced, meaning Banks will have to drop dead assets off of their balance sheets and interest rates will have to increase, of course that will "tap the brakes" on the Economy however as the writer points out, QE and monetary creation has not worked and will not work until those problems that have been wallpapered over are dealt with effectively.
     
    jdang307 and gafinfan like this.
  2. jdang307

    jdang307 Season Ticket Holder Club Member

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    This is FDR part II. His and the Fed's policies definitely caused our great depression. Yup, I just checked. Definitely.

    http://www.jewishworldreview.com/cols/sowell100903.asp

    Written in 2003. How prescient.
     
  3. my 2 cents

    my 2 cents Well-Known Member

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