Economy 53,056 Posted June 18, 2019 Share Posted June 18, 2019 https://www.google.ca/amp/s/www.marketwatch.com/amp/story/guid/BDC81146-9114-11E9-A542-311463F57109 Experts at Dutch bank say the increased motetary flexibility since Countries left the gold standard decades ago has allowed Governments and Central Banks to reduce the frequency of recessions and force expansions to last longer However this has come at a cost. It has allowed Governments to borrow more and more and spend their way out of recessions as well as caused lower and lower and lower interest rates with each passing cycle This last cycle we reached all the way down to 0% in the US and negative rates in some Countries Regular recessions were a natural part of the business cycle that got rid of imbalance build ups on a regular basis and cleansed mismanaged or misplaced assets. For instance uncompetitive businesses that barely hung on and took up labor would wiped out Now we can interfear more in the economy which has not been a good thing Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted June 18, 2019 Share Posted June 18, 2019 16 minutes ago, Economy said: https://www.google.ca/amp/s/www.marketwatch.com/amp/story/guid/BDC81146-9114-11E9-A542-311463F57109 Experts at Dutch bank say the increased motetary flexibility since Countries left the gold standard decades ago has allowed Governments and Central Banks to reduce the frequency of recessions and force expansions to last longer However this has come at a cost. It has allowed Governments to borrow more and more and spend their way out of recessions as well as caused lower and lower and lower interest rates with each passing cycle This last cycle we reached all the way down to 0% in the US and negative rates in some Countries Regular recessions were a natural part of the business cycle that got rid of imbalance build ups on a regular basis and cleansed mismanaged or misplaced assets. For instance uncompetitive businesses that barely hung on and took up labor would wiped out Now we can interfear more in the economy which has not been a good thing Ctedit....expanding the economy is contingent on it...since credit isn't a real asset , the dependence on it vs. gold is the risk.... like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 53,056 Posted June 18, 2019 Author Share Posted June 18, 2019 1 hour ago, Woolfsmck said: Ctedit....expanding the economy is contingent on it...since credit isn't a real asset , the dependence on it vs. gold is the risk.... Do u Remember the Gold Standard or were you too young? Link to post Share on other sites More sharing options...
Economy 53,056 Posted June 18, 2019 Author Share Posted June 18, 2019 5 minutes ago, sphx said: reagan was an idiot and everybody knows that .. Dunno enough about his history to comment Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted June 18, 2019 Share Posted June 18, 2019 1 hour ago, Economy said: Dunno enough about his history to comment Reagan was after Jimmy ****up Carter and before Bill fvck any chick u can Clintn like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted June 18, 2019 Share Posted June 18, 2019 2 hours ago, sphx said: reagan was an idiot and everybody knows that .. yeah... I like the way he handled hecklers ….. "ahw shut up" like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
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