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Message
re: Economic growth is close to zero for the fourth quarter, according to Fed gauges
Posted on 11/16/19 at 7:04 pm to BurningHeart
Posted on 11/16/19 at 7:04 pm to BurningHeart
quote:
What do you want the Fed to do? Back down to 0% and QE?
Yes that would sufficiently depreciate the USD to make us competitive again.
1
Posted on 11/16/19 at 7:05 pm to OleWarSkuleAlum
quote:
Yes that would sufficiently depreciate the USD to make us competitive again
And also screw over the economy and country when a recession hits.
Are you trolling?
Posted on 11/16/19 at 7:06 pm to BurningHeart
quote:
And also screw over the economy and country when a recession hits.
You do realize the number zero is a man made construct correct? We can go negative in a recession.
Posted on 11/16/19 at 7:22 pm to OleWarSkuleAlum
quote:
You do realize the number zero is a man made construct correct? We can go negative in a recession.
You realize there is only so low you can go without putting the entire economy at risk through absurd levels of outstanding credit?
By your logic, we'd just keep decreasing interest rates each time a recession hits.
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