Post AkfmVf36zsTOajVHiy by [email protected] | |
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Post #AkfTboH9hwNRocI64W by [email protected] | |
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So… the stock market freaked out because an indicator of a recession called �… | |
Post #AkfTnKiTR0TXc6YzmS by [email protected] | |
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My completely unsolicited and ridiculously amateur thoughts:I can’t seem to f… | |
Post #AkfUJGTMkQs7icit7o by [email protected] | |
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@Kierkegaanks except there are no signs the economy was “overheated”. The i… | |
Post #AkfVRR4JKv7OqtSods by [email protected] | |
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Also it’s starting to bother me that central banks have managed to carve out … | |
Post #AkfVgpxx3CTYPipioi by [email protected] | |
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@Patricia increasing the interest rates in Norway makes investors in other coun… | |
Post #AkfVgq3GjQjGgDJy6a by [email protected] | |
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@gundersen the thing is, that’s a theory, and it’s not working. So at some … | |
Post #AkfVutGVa3quhVDLAO by [email protected] | |
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@gundersen the NOK is also way too volatile to risk the currency fluctuations f… | |
Post #AkfW0ZT6694h2ToMeu by [email protected] | |
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@Patricia Haven’t the central banks always played that role? | |
Post #AkfW0ZYll3bzK4StV2 by [email protected] | |
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@gdinwiddie let me see if I can find some dates… | |
Post #AkfWW0abJS8e89JNRY by [email protected] | |
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@gdinwiddie for the Norwegian central bank it happened in 1986 it seems: Google… | |
Post #AkfX1MoeiyTK2gq3FI by [email protected] | |
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@gdinwiddie from some quick googling this 1977 amendment of the Federal Reserve… | |
Post #AkfXC2irltBouRDm88 by [email protected] | |
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@Patricia now i think about it, i'm really not clear on how the central ban… | |
Post #AkfXC2otPU0hD82aWW by [email protected] | |
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@mrsbeanbag so in practice it seems they set theirs higher, but I agree with yo… | |
Post #AkfXJTxKutgNOoXLBg by [email protected] | |
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@Patricia Another amateur here, but another stated ( but generally whispered) a… | |
Post #AkfXJU3iXAmpibWR8K by [email protected] | |
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@dacig I try to stay away from conspiracy theories in this area, mostly because… | |
Post #AkfXsEp1B2UYb4DcuW by [email protected] | |
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@Patricia I was just pointing out that the interest rates aren't being adju… | |
Post #AkfXsEvOnJb0urCirA by [email protected] | |
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@gundersen the thing is it’s probably not the oil price, because that would n… | |
Post #AkfY8kKbnEbsxHrng8 by [email protected] | |
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@Patricia I was thinking about the arguments between Thomas Jefferson and Alexa… | |
Post #AkfY8kQzPViLH4qtcm by [email protected] | |
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@Patricia also https://www.federalreservehistory.org/essays/first-bank-of-the-us | |
Post #AkfY8kWf4QFdYfVQSu by [email protected] | |
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@gdinwiddie from the last one “Unlike modern central banks, the Bank of the U… | |
Post #AkfYFiPVKlDH1ZToHo by [email protected] | |
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@Patricia unfortunately central banks subject to political pressure seem to do … | |
Post #AkfYFiWwt5ATOexktE by [email protected] | |
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@wordshaper that’s one of the reasons I think this is a bad structure | |
Post #AkfaLzvhJJB10Nf4Km by [email protected] | |
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@Patricia agreed, it’s a problem. Unfortunately I lack the imagination to com… | |
Post #AkfaM024vaHTKAeAHQ by [email protected] | |
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@wordshaper I am wondering if the “threat” of a fickle government is overbl… | |
Post #Akfb98yuRdDhGhb9s0 by [email protected] | |
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The way folks talk about the Sahm rule is interesting, because they say “it�… | |
Post #Akfbax0GZYfyE9UaKu by [email protected] | |
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@Patricia does this only hold for countries which control their own currency (i… | |
Post #Akfbax5wETDGVk97B2 by [email protected] | |
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@hattom the Norwegian central bank calls it the “policy rate”.https://www.n… | |
Post #AkfbcaZAxnc3DfbOGu by [email protected] | |
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@PatriciaThe "commentary" section of that article sure is interesting… | |
Post #AkfbcaeUe1rlUA5dYm by [email protected] | |
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@mattdm oooh need to check that out | |
Post #AkfbwfGRCtNha5PVPk by [email protected] | |
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@nocoursewalks yeah, but… I mean… this seems to be the first time it’s pr… | |
Post #Akfcp88k3ymOm8mXlQ by [email protected] | |
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@Patricia Yeah, "monetary policy" hadn't been invented, yet. They… | |
Post #Akfcp8EPitJh3jR4bY by [email protected] | |
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@gdinwiddie yeah, but it’s the monetary policy part that is politics and I am… | |
Post #AkfcrHL4pgflsuZlxI by [email protected] | |
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@Patricia Siri, what is “overfitting”? | |
Post #AkfcrHR6THUeBbOaLg by [email protected] | |
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@josh_clone I was avoiding that term 😂 | |
Post #AkfdL7c3YhUaPIkSGW by [email protected] | |
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But my superficial understanding is that it says that when you see a velocity i… | |
Post #AkfdXde0IC8TE3cy2K by [email protected] | |
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@nocoursewalks my source is just Wikipedia: “The Sahm rule originates from a … | |
Post #AkfdhFJNcDlsegYudU by [email protected] | |
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@Patricia My point (and, I think, Jefferson's) is that it's politics, a… | |
Post #AkfdhFP3H8JAwHDRTc by [email protected] | |
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@gdinwiddie I think fiddling with the interest rate based on a pseudoscience ou… | |
Post #AkfgKGjOTGyyGBStt2 by [email protected] | |
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@Patricia also thanks for the Brookings link. I was off on the dates when the r… | |
Post #AkfgKGpQ6rnqYsHiHQ by [email protected] | |
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@nocoursewalks I didn’t mean to imply that it isn’t plausible, just that th… | |
Post #AkfhGYxspvwrbg2VDk by [email protected] | |
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What’s weird about the economy is that it is surprisingly irrational and emot… | |
Post #Akfk9MsBhAV1wKdUSu by [email protected] | |
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I didn’t mean this to be a Kamala vs Trump thing, but lol, who is the “too … | |
Post #AkfkUndbNbV71x26k4 by [email protected] | |
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@Patricia we’ve certainly seen the problem of fickle governments in, for exam… | |
Post #AkfkUnjH2W2PJXgdaC by [email protected] | |
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@wordshaper from the little I know both Argentina and Turkey are following the … | |
Post #AkflIqbQd8Vihmsgeu by [email protected] | |
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@Patricia What about companies laying off people to set the stage for AI replac… | |
Post #AkflIqh6I330zNXDV2 by [email protected] | |
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@per_sonne I would be surprised if the numbers were big enough, and of course t… | |
Post #AkflTlLCX8n9ZVUmrA by [email protected] | |
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@Patricia ah, no, they’re in a different kind of regime. Turkey was running u… | |
Post #AkflTlQsC3KRr69JhI by [email protected] | |
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@wordshaper huh? “The Turkish central bank held its key policy rate at 50% on… | |
Post #AkflZqTkLOdNFBOR16 by [email protected] | |
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@wordshaper 50% interest rate is a joke, that’s a policy that isn’t working | |
Post #Akfln1spFn8sNYPV2G by [email protected] | |
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@wordshaper Argentina was playing that game at even higher rates.https://tradin… | |
Post #AkfmGtMxTO4qf1kCUC by [email protected] | |
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@per_sonne looks at first glance to be a bit all over?https://www.bls.gov/web/e… | |
Post #AkfmVf36zsTOajVHiy by [email protected] | |
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@Patricia right, now. This is all relatively recent — they rates keeping rate… | |
Post #AkfmVf98dTIGtQK67M by [email protected] | |
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@Patricia the cure rates are definitely bullshit, but this is an example of whe… | |
Post #AkfmVfFWFkOjDDJC40 by [email protected] | |
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@wordshaper I have two problems with that: 1) I don’t really believe that the… | |
Post #AkfmmqBmpfDU42kkbY by [email protected] | |
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@Patricia oh, yeah, absolutely. It’s a sign all the *other* controls of the e… | |
Post #AkfmmqHSUZkmLdPHRg by [email protected] | |
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@wordshaper and without fiddling with the interest rate the central bank autono… | |
Post #Akfmmqt2EroMEAzI12 by [email protected] | |
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@Patricia and I 100% agree, if you think 50% (or 25%, or probably 10%) interest… | |
Post #AkfnRKqgGBKGjjBqoy by [email protected] | |
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@Patricia interest rates aren’t the right tool for this, I agree. As for the … | |
Post #AkfnRKwhtm992Q0fDM by [email protected] | |
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@wordshaper an authoritarian government will replace the central bank leadershi… | |
Post #Akg3KLoTsFsyy2qvfk by [email protected] | |
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@Patricia Being wrong in ~10% of the cases with a sample size of 11 is pretty b… | |
Post #AkgMcelW2zcm5WuN4C by [email protected] | |
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@Patricia did i miss something funny? | |
Post #AkgMj0nF3r748ykJSS by [email protected] | |
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That very much depends on your sense of humor, @amanjeev .While I appreciate @P… | |
Post #AkgMj0tGhRvwRfZ7qq by [email protected] | |
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@dj3ei @amanjeev having been on the receiving end of this stuff most of my care… | |
Post #AkgMj0zIL2kokMNwFE by [email protected] | |
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@dj3ei @amanjeev which to me makes it funnier | |
Post #AkgMrCaj50wj3GnUTg by [email protected] | |
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@Patricia Those super-low interest rates (around 0-2%) seem to disproportionate… | |
Post #AkgMrCg2lFCRJlHjlY by [email protected] | |
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@drgroftehauge unfortunately interest increases are passed on to renters, so th… | |
Post #AkgMzMihJ1ykmWQ09Y by [email protected] | |
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@Patricia unemployment can't be a reliable indicator when companies are lay… | |
Post #AkgMzMp4vJ5D6JP66C by [email protected] | |
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@Paxxi Since economics is very simplified it only handles a handful of variable… | |
Post #AkgMzN5Nwg7vut27W4 by [email protected] | |
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@Patricia at least Dr Sahm seems sensible when reading the commentary section. … | |
Post #AkgUrPbVUyaz2im1Ro by [email protected] | |
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@[email protected] @[email protected] @[email protected] Okay. … | |
Post #AkgUrPht7FhRMVl7OS by [email protected] | |
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@deathkitten @dj3ei @amanjeev I started thinking about why I had landed on laug… | |
Post #AkgVe2Msg5M9AS7Pjk by [email protected] | |
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@deathkitten @dj3ei @amanjeev thinking about it Kamala Harris does this too, le… |