tag:blogger.com,1999:blog-3758330678390419129.post8720872795091022236..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: The Fed Is Going to Let Price Inflation Run HotRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-66032941528548788882016-03-27T13:15:25.805-04:002016-03-27T13:15:25.805-04:00Great theory accept for the fact that the 10-year ...Great theory accept for the fact that the 10-year bottomed in Jan 2015 and the 3-month bottomed in Oct. 2015. And core price inflation is above the Fed's target at 2.3% and wait until next month when climbing energy prices are factored into the index.<br /><br />And what exactly is professional about forecasting that the Fed is going to reverse the December rate hike when that is not going Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-45145881504850446682016-03-27T13:07:32.199-04:002016-03-27T13:07:32.199-04:00I find it humorous you say austrian-lites have no ...I find it humorous you say austrian-lites have no idea what is developing. You have said for years rates will climb and that inflation is "about to get hot", yes we have had stable/falling long term rates over the same time period. Yes, you will eventually be right and rates will climb as inflation gets out of control, but you are starting to sound like the boy who cried wolf, and at Lukehttps://www.blogger.com/profile/13027904936483106551noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-82663632292799612342016-03-27T11:14:28.519-04:002016-03-27T11:14:28.519-04:00The view from the Cheap Seats:
Going back to Bern...The view from the Cheap Seats:<br /><br />Going back to Bernanke. the Fed believed that a variation of Friedmanite Monetarism - backing up E-Trucks to the back of "the Banks" computers would halt problems on the Little Peoples side. No Bank Runs here! "We're building up Reserves to take care of ANY Problem!!<br />Wrong.<br />Short Term (Friedman) became Long Term and now the Charleshttps://www.blogger.com/profile/05417810805625984670noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-53575487833649186312016-03-27T10:01:11.257-04:002016-03-27T10:01:11.257-04:00If interest rates rise, there is not enough revenu...If interest rates rise, there is not enough revenue to pay interest on the debt. How are they going to handle that?munchhttps://www.blogger.com/profile/10498964698602636038noreply@blogger.com