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To: SeekAndFind

kind of an odd ratings system going on unemployment and inflation

a number of those countries have low unemployment but are very agrarian or have really poor paying jobs

not a decent comparison

besides we are still living in the aftermath of Greenspan and three decades of legislative and executive prodding to sell homes to those who can’t afford them


2 posted on 08/25/2012 7:56:39 AM PDT by wardaddy (this white hair don't cover up my redneck......)
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To: wardaddy

A central bank’s “job” is price stability and to attempt to keep unemployment near the natural rate of unemployment (~4% in the US). I’d say that those two factors are the best factors in judging whether a CB is doing it’s job.

Quality of jobs matters but that’s not a CB job to worry about.


6 posted on 08/25/2012 8:00:33 AM PDT by Black_Shark
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To: wardaddy

There is absolutely no such thing as a good Central Banker. They all have strings pulled by the same puppet master.


7 posted on 08/25/2012 8:01:10 AM PDT by rashley (Rashley)
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