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It's easy to criticise, but what do you recommend? Lowering interest rates to fight inflation? I think Turkey keeps trying this, without much success.
by hifromwork 2y ago
It's easy to criticise, but what do you recommend? Lowering interest rates to fight inflation? I think Turkey keeps trying this, without much success.
- datavirtue 2y agoMore than one interest rate, for starters. Why do home purchasers have to suffer while the fed reigns in funny-money (buying stock with no interest loans) "investors."
- dools 2y agoThe #1 thing that brings prices down in a market economy is competition. Fiscal policy is the best policy tool for ensuring a level playing field, ensuring full employment and price stability. Monetary policy is good for nothing! ZIRP forever