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by DiabloD3 3934 days ago
Well, at this point, if the Fed is not forced to raise their rates, then you might as well kiss the global economy goodbye.

Downvote me if you want, but what I said needs to have been said, no matter if you personally agree with it or not.

1 comments

You may want to explain more about why you feel that way for people who don't have insights into your personal viewpoint or the broad arguments for that matter :)
I agree. Too often sweeping viewpoints are made without data. The crazy part is this is not some grand hidden conspiracy, the data is out there to explore and use to support arguments for and against the fed. [1][2]

[1] http://www.federalreserve.gov/ [2] https://research.stlouisfed.org/fred2/

Agreed, there is no conspiracy here. Just a series of systemic flaws. What's scary is that there needs to be a discussion on this but few economists are brave enough to voice their concerns. David Harvey, Steve Keen, and others are stepping up but we need more people.