tag:blogger.com,1999:blog-5713178645208582139.post1438046060084217702..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Is the Fed Really Causing the Sustained Drop in Interest Rates?David Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5713178645208582139.post-19647386655113427192012-09-15T22:36:54.948-05:002012-09-15T22:36:54.948-05:00Anonymous:
Those statements are not inconsistent ...Anonymous:<br /><br />Those statements are not inconsistent since money and credit are not the same thing. Let me outsource this to Bill Woolsey: http://monetaryfreedom-billwoolsey.blogspot.com/2009/11/money-and-credit-confused.htmlDavid Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-62633886721937790272012-09-15T07:27:55.313-05:002012-09-15T07:27:55.313-05:00These two statements appear to be contradictory:
...These two statements appear to be contradictory:<br /><br />"given the weakened state of the economy the demand for credit is down, desired savings is up, and interest rates are falling as a result."<br /><br />"One can say, however, the Fed has failed to sufficiently respond to the heightened money demand created by these shocks and therefore has failed to stabilize aggregate Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-35051660124167939542012-09-11T23:34:50.480-05:002012-09-11T23:34:50.480-05:00The Fed is keeping interest rates low like airport...The Fed is keeping interest rates low like airport security is preventing terrorism.Frank Buttermanhttps://www.blogger.com/profile/02164374874036975006noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-74238785446242062262012-09-11T18:25:12.953-05:002012-09-11T18:25:12.953-05:00The FED to stop twist and instead invest in Muni&#...The FED to stop twist and instead invest in Muni's? Talk about a crazy rumor.Anonymousnoreply@blogger.com