Economists have long used letters of the alphabet like V and U to describe economic recoveries. But the coronavirus downturn is so different from past recessions that economists are coming up with new shapes to describe the potential recovery.
WSJ explains. Illustration: Jacob Reynoldsheatherscope Not so hot for savers or pension funds FinancialRepression
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I have been advocating this policy change since Alan Greenspan forced the country into a recession back in 1991 with his idiotic rate increases just as the economy was reovering. It only took them 30 years. Sorry 29. :)
This apparatus of government primarily works in concert with other monetary policy measures to make richer the already rich?
That covers at least 5% of America. For the other 95%, ur screwed.
Free market is dead. Capitalism is dead. Capital allocation function is dead. Wealth gap will grow. Zombie companies will grow. Middle managers will be fired as mergers come. Savers punished. Stealth inflation hurts most everyone. Tell the truth wsj
Why doesn’t the Fed and realDonaldTrump just sent us Senior citizens who are trying to survive on Social Security and investment interest a cyanide pill to just kill us and be done with us
Hello, anticorruption TI_InterBr U4_ACRC OECD IMFNews FT TheEconomist washingtonpost Bolsonaro is corrupt! BolsonaroCorrupto
Let's be serious -- it's mostly a benefit to the already rich and the leveraged investors. 'Near zero interest rates' are not 'natural' and it is nothing less than a huge government subsidy to the shareholders of the ruling capitalist class?