Posted by sigismund on October 15, 2013, at 14:08:22
In reply to Re: gov't shutdown.... :(, posted by baseball55 on October 14, 2013, at 21:25:20
One of my complaints about the reporting of economics is that I never learn anything by paying attention. I remember well the Reagan years, Milton Friedman and trickle down.....Ummm, anyways it is possible to argue against austerity from a monetarist position (I think that is what Ambrose Evans Pritchard says he does). So interest rates are kept low. The ecomomy keeps choofing along and bubbles are potentiated. The long term effects bother some.
Every time I waste time listening to the news I wish they would have a half hour on the economy and finance and another half hour on the weather and skip the rest,especially the sport.
There seems to be all this money sloshing around looking for a safe home where it can aggrandise itself.
poster:sigismund
thread:1052214
URL: http://www.dr-bob.org/babble/poli/20120327/msgs/1052327.html