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Tell me more about the justification for arbitrarily low interest-rates for banks at an all-time market high. Tell me more about how helicopter money QE is jus
by myowncrapulence 10y ago
Tell me more about the justification for arbitrarily low interest-rates for banks at an all-time market high. Tell me more about how helicopter money QE is justified being put into circulation when wages are stagnant.
You obviously are an economist who has an extreme biased.
- saosebastiao 10y agoMacroeconomics represents less than 20% of the practitioners of economics as a profession. Of those macroeconomists, maybe 5% actively involve themselves in business cycle theory, and only a fraction of those would fall into the monetarist theory camp which would advocate for such interventions. So even your absolutely idiotic straw man argument concerns at most a fraction of 1% of the practitioners of economics. And no, I'm not an economist with "an extremely biased [sic]". I'm a supply chain engineer that has directly worked with dozens of economists for approximately 3 years, incorporated dozens of their econometric models into supply chain decision systems, and have never once have discussed anything political with them. And I just witnessed a clueless bullshitter malign the field of study that they have dedicated their lives to with an argument that could be considered libel at its most forgiving interpretation, and decided to call that clueless bullshitter out on it.