Posted on 03/01/2015 2:55:00 PM PST by Kaslin
A credible reason Richard Nixon would ask Arthur Burns to increase money supply and postpone interest rates was because Herbert Hoover/Andrew Mellon and FDR/Henry Morgenthau did not in time to prevent deflation and unemployment; but his cut gold link was inflationary in the long-term.
Obama appointed Yellen to be compliant and difficult as a female to be publicly criticised. She’s right that it’s basic economics not to raise rates in recession, but it’s high time that they rise gradually rather than all the bad policy be Obama-orchestrated after he has left. The recession stays because of him.
I’ve lost trust in Paul after his Ferguson excuse-grandstands & knew other republicans would be portrayed as hitting the girl. We need new blood to agressively challenge administrative and congressional democrats or be left the NBC-contextual shots of republicans ganging up on the girl.
Larry is a shill for Wall St. He wants more and more QE and lower and lower interest rates. With that combination the stock market sores.
Understand him now?
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