Wednesday, August 26, 2015

You Knew This Was Going to Happen

Paul Krugman takes the current market volatility to call for Fed manipulated low interest rates:
A Fed hike now looks like an even worse idea than it did a few days ago.
    -RW
at 9:51:00 AM

2 comments:

  1. Cosmo KramerAugust 26, 2015 at 10:37 AM

    Rate hike? Minuscule increases....

    When can we then increase rates, Krugman? Seemingly never.... Where is his stimulus now + austerity later mindset in action?

    ReplyDelete
  2. Nick BadalamentiAugust 26, 2015 at 10:38 AM

    Larry Summers said the same thing yesterday:

    http://www.npr.org/2015/08/25/434513806/fed-shouldn-t-raise-interest-rates-ex-treasury-secretary-summers-cautions

    ReplyDelete

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