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To: expat_panama

Ah, c’mon, you know I’m referring to the past and current FED policy, commonly referred to as a zero interest rate.
“Under ZIRP, the central bank maintains a 0% nominal interest rate.”
http://en.wikipedia.org/wiki/Zero_interest-rate_policy

As for continuing to refer to FED money printing (in it’s various forms) as Bernake Bucks, the alliteration is ever so much more pleasant sounding than, by comparison, the somewhat more jarring term Yellen Bucks.....um, how about Janet Juice? Besides that it is, in fact, a continuation of Uncle Ben’s “only-the-little-people-have-to-pay” policy.

Neither of the above are signs of a healthy economy. They are continuing signs of the opposite.


54 posted on 01/06/2015 12:20:46 PM PST by citizen (Hopefully, the MSM will again be making a big deal of high gas prices come Jan 20, 2017.)
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To: citizen
past and current FED policy, commonly referred to as a zero interest rate.

After looking over and guessing what your point is I'd say we're 100% together.  There's a ton of details we're not together on but they don't really matter as much as the fact that there's such a huge list of things wrong w/ the U.S. economy.    Something we might get clearer on is the fact that economies have good times and bad times, and they also expand and contract.    We need to understand that expand/contract does not mean good/bad.   Peak good times is when the contraction begins.    The contraction continues until things are super bad and that's when the expansion begins.

The problem we got now is that the economy is bad and it's been expanding for several years.   The reason the healing has taken so long is becuase of all the tax'n'spending.  The goofy left wants us to think it's the Fed's fault.  It isn't; all that stuff the Fed's been doing is a side issue.  The problem is tax'n'spending. 

63 posted on 01/06/2015 5:10:15 PM PST by expat_panama
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