tag:blogger.com,1999:blog-5713178645208582139.post5943732704419569381..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Going Negative Can Be Good...David Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5713178645208582139.post-82348740438446907082009-04-28T10:03:00.000-05:002009-04-28T10:03:00.000-05:00As you might have noticed from this post and this ...As you might have noticed from this post and this earlier <A HREF="http://macromarketmusings.blogspot.com/2009/04/there-is-no-free-lunch-in-central.html" REL="nofollow">one</A>, I too am becoming more concerned about reversing the Fed's monetary expansion. I have yet to throw my lot in with the "hyperinflation is on its way" camp, but between the demanding task the Fed has ahead of it and the David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-37702148081349099712009-04-28T09:36:00.000-05:002009-04-28T09:36:00.000-05:00David,
Dont take this the wrong way... but are th...David, <br />Dont take this the wrong way... but are there any economists out there who think this plan is insane? What do we think is going to happen to the money supply if and when the banks lever back up? I understand the argument against deflation. But do we break the dam upstream of the house to put out the housefire?<br />I readily admit I dont have a solution other than a very painful TexanNavyhttps://www.blogger.com/profile/15473969454552606499noreply@blogger.com