tag:blogger.com,1999:blog-5713178645208582139.post6380760589834217222..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: One Interest Rate Hike Closer to EurogeddonDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5713178645208582139.post-20451969351622775322011-07-08T14:23:27.252-05:002011-07-08T14:23:27.252-05:00Benjamin asks:
'At this point, we have to sta...Benjamin asks:<br /><br />'At this point, we have to start getting cynical and ask: Who benefits from recession and deflation?'<br /><br />Creditors can benefit if the default rate on their credits is less than the deflation rate.beezerhttp://www.beezernotes.comnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-36630214651144723672011-07-07T13:42:28.992-05:002011-07-07T13:42:28.992-05:00Somehow, policymakers have developed an absolute f...Somehow, policymakers have developed an absolute fetish for fighting inflation (even if there is no inflation) with tight money. <br /><br />Japan--the role model?<br /><br />Oddly enough, some inflation could do the USA a lot of good. Help us deleverage, and the money illusion would lower business operating costs. A cheaper dollar would help exports, bring tourists here.<br /><br />At this pointBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com