@MorlockP GP I wouldn't be surprised by another recession. We never really recovered from the last one because of Fed's free money policy.
-
-
Replying to @Gormogons
@Gormogons How did the Fed's policy prevent a recovery?@MorlockP1 reply 0 retweets 0 likes -
Replying to @random_eddie
@random_eddie@Gormogons I'd say it didn't PREVENT it; it papered over the fact that there ISN'T one.1 reply 0 retweets 0 likes -
Replying to @MorlockP
@MorlockP Was responding to@Gormogons' tweet - "never recovered because of Fed's policy"2 replies 0 retweets 0 likes -
Replying to @random_eddie
@random_eddie GP Flooding the market with dollars shored up banks but no one else. Crippled retirees, devalued savings.@MorlockP1 reply 0 retweets 1 like -
Replying to @Gormogons
@Gormogons@random_eddie I'd also argue that destroying information w paper is definitionally bad. Information = good.1 reply 0 retweets 0 likes -
Replying to @MorlockP
@MorlockP GP Couple "free money" with new banking regs (capital reqts, loan restrictions), lots of money, few loans.@random_eddie1 reply 0 retweets 2 likes -
Replying to @Gormogons
@Gormogons@MorlockP Okay, I can see that. Thanks. (The part of the story I believe is the regulatory one, not the monetary one.)2 replies 0 retweets 1 like -
Replying to @random_eddie
@random_eddie GP The monetary side of the story is part of the regulatory side. With fiat currencies, interventions are regulatory@MorlockP1 reply 0 retweets 1 like -
Replying to @Gormogons
@Gormogons@random_eddie Note percent of mortgages and student loans are held by gov. There is effectively no market - decisions all fiat.2 replies 0 retweets 0 likes
@Gormogons @random_eddie thus we're getting into Soviet Union territory: allocations of resources are political, not logical.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.