By: y2kurtus
Alan Greenspan worries about ““large deficits [will] bring economically ruinous high interest rates.” You guys should get out more often… this movie is still in theaters… it’s a foreign film....
View ArticleBy: SteveHamlin
@y2kurtus: I apologize in advance if I missed your sarcasm. “this movie is still in theaters… it’s a foreign film.” If you are agreeing with Greenspan’s concerns, please read up on sovereign currency...
View ArticleBy: realist50
Yes, we should listen to Ben’s smug reassurances that large deficits won’t ultimately cause high interest rates and high inflation because it “hasn’t happened yet” in the U.S., with all of a 4-year...
View ArticleBy: GDH
@realist50 I suggest you read some Paul Krugman and his discussions on liquidity traps. Fascinating stuff and has more or less nailed our current situation over the past 4 years.
View ArticleBy: TFF
“how all of those things are different in the U.S. that in those foreign countries” Things are ALWAYS different, until they aren’t. I basically agree with SteveHamlin on the differences, but I don’t...
View ArticleBy: realist50
@GDH – I have read Krugman. I just don’t agree with his diagnosis nor his tone, in which everyone who disagrees with him is an idiot or a scoundrel. He does a great job of preaching to the choir of...
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