U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old Today, 10:48 AM
 
Location: The North
5,133 posts, read 9,201,611 times
Reputation: 4139

Advertisements

Total "banana republic" behavior. Lower rates and pump stimulus into an economy 12 months before an election, then pull away the punch bowl once the votes have been cast. Is anyone surprised by this behavior?
Reply With Quote Quick reply to this message

 
Old Today, 11:09 AM
 
Location: Seattle
1,668 posts, read 351,323 times
Reputation: 1597
Quote:
Originally Posted by davebarnes View Post
3. Trump is completely clueless about economics as he has not read a book since 5th grade. Watching Larry Kudlow on TV does make you an economist.
Not quite true as DT studied economics at Wharton School and graduated with a B.S. It's hard to say how much of it actually sank in though; he didn't exactly stand out as a student.
Reply With Quote Quick reply to this message
 
Old Today, 11:27 AM
 
Location: Middle of the ocean
32,738 posts, read 20,608,334 times
Reputation: 47284
Quote:
Originally Posted by rjshae View Post
Not quite true as DT studied economics at Wharton School and graduated with a B.S. It's hard to say how much of it actually sank in though; he didn't exactly stand out as a student.

I think the fact that he threatened to sue the school if they released his grades tell us all we need to know.
__________________
____________________________________________
My posts as a Mod will always be in red.
Be sure to review Terms of Service: TOS
And check this out: FAQ
Moderator: Relationships Forum / Hawaii Forum / Dogs
Reply With Quote Quick reply to this message
 
Old Today, 04:19 PM
 
5 posts
Reputation: 10
In theory, if we go into another recession, the federal reserve would have to drop interest rates by about 8% to "jolt" the economy back into shape. Which we can't do. Hence why you hear about negative interest rates.
Reply With Quote Quick reply to this message
 
Old Today, 10:13 PM
 
675 posts, read 207,546 times
Reputation: 1966
Quote:
Originally Posted by TimAZ View Post
You don’t get it, do you? The central banks are all-in for Modern Monetary Theory. MMT advocates unlimited debt to finance anything. And what is the best interest rate for nations signed up for unlimited debt? Yes, that would be zero or even negative.

Now do you get it?
great answer Tim. Hang on to your seats, it's going to be an interesting ride!
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top