3 ms·

This is an awesome article! Is it possible to write an article about the next recession and it's implications? Our current financial health and environment is r

This is an awesome article! Is it possible to write an article about the next recession and it's implications? Our current financial health and environment is really different from the last one and every person I know keeps on telling how bad the next recession is going to be.

joshuafkon 7y ago
I am working on a post on just that topic now! if you subscribe on my website it will send you a notification when I publish a new blog post https://www.cassandracapital.net/ https://www.cassandracapital.net/
tabtab 7y ago
Even if the next recession is mild, the US has very little room for a stimulus thanks our debt. It's hard to predict the depth of a future recession, but one can say for sure that we have fewer options because of the debt. Keynesian principle is basically a fancy form of "save up for rainy days". We didn't, so hope the storm is short.
- MuffinFlavored 7y ago
  $4t was printed to bail out the banks. What is stopping more money from being printed this time, in the form of economic stimulus?
  - 1PlayerOne 7y ago
    (Hyper)Inflation?
  - tabtab 7y ago
    If you mean "Quantitative Easing", it's arguable whether it's the same as "printing money". I won't get into that debate here. In a related issue, there's a theory making its circles in both right and left camps that if inflation is sub-par for a while, say below 2%, then printing more money won't cause problems. Why inflation is lower than expected is an economic puzzle. But printing money to avoid paying debt may create new economic puzzles. If they try it, try it gradually please. (The ideal annual inflation rate tends to be around 2.0% to 2.3%, based on historical record. This is in aggregate. Highs or lows tend to affect different people differently.)
MuffinFlavored 7y ago
its implications

3 ms·

This is an awesome article! Is it possible to write an article about the next recession and it's implications? Our current financial health and environment is r

by syntaxing 7y ago

joshuafkon 7y ago
I am working on a post on just that topic now! if you subscribe on my website it will send you a notification when I publish a new blog post https://www.cassandracapital.net/ https://www.cassandracapital.net/
tabtab 7y ago
Even if the next recession is mild, the US has very little room for a stimulus thanks our debt. It's hard to predict the depth of a future recession, but one can say for sure that we have fewer options because of the debt. Keynesian principle is basically a fancy form of "save up for rainy days". We didn't, so hope the storm is short.
- MuffinFlavored 7y ago
  $4t was printed to bail out the banks. What is stopping more money from being printed this time, in the form of economic stimulus?
  - 1PlayerOne 7y ago
    (Hyper)Inflation?
  - tabtab 7y ago
    If you mean "Quantitative Easing", it's arguable whether it's the same as "printing money". I won't get into that debate here. In a related issue, there's a theory making its circles in both right and left camps that if inflation is sub-par for a while, say below 2%, then printing more money won't cause problems. Why inflation is lower than expected is an economic puzzle. But printing money to avoid paying debt may create new economic puzzles. If they try it, try it gradually please. (The ideal annual inflation rate tends to be around 2.0% to 2.3%, based on historical record. This is in aggregate. Highs or lows tend to affect different people differently.)
MuffinFlavored 7y ago
its implications