The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!
greencardwaiting 发表评论于
That's why I said the Fed did a splendid job -- zero interest rate + just right amount of QE.
greencardwaiting 发表评论于
Not sure what depreciation you are talking about. Inflation hasn't picked up as people have expected, and the dollar is strong.
greencardwaiting 发表评论于
Contrary to what you said, Fed did a splendid job with quantitive easing, which is essentially printing money. Quantitive easing is a very delicate balance, printing not enough money, the economy will continue to go south, the Great Recession might become another great depression, printing too much money, you will have inflation (like German after WWI). Fed printed just enough money to lift the economy out of recession without causing inflation. It was a very beautiful deleveraging process.
nightrider 发表评论于 2018-12-26 16:29:18
Trump would not be right to fire the Fed chairman. He would not do that. In contrast, whatever irritation this gives the economy, it is incomparably dwarfed by the structural harm Fed has dealt the economy with its numerous rounds of money printing, euphemistically called quantitative easing in the decade since the financial crisis. It has sown the seeds for the next financial crisis.
Sam大树 发表评论于
说来说去，最支持川普连任的还是俄罗斯。
或许中国也看出来了。
nightrider 发表评论于
Trump would not be right to fire the Fed chairman. He would not do that. In contrast, whatever irritation this gives the economy, it is incomparably dwarfed by the structural harm Fed has dealt the economy with its numerous rounds of money printing, euphemistically called quantitative easing in the decade since the financial crisis. It has sown the seeds for the next financial crisis.
