Draghi: yes, low rates "penalize" savers but they also benefit "whoever borrows money" and the latter effect "more than offsets" the former
Mtl JP 15:39:53 GMT - 09/26/2016
PAR 15:35 longer than your account can withstand
PAR15:35:58 GMT - 09/26/2016
What is " long time "? A decade, a century ?
Mtl JP 15:18:07 GMT - 09/26/2016
SHF answering Q in my 14:43 is not as easy as would appear at first look
LONDON SFH 15:13:12 GMT - 09/26/2016
JP- They would only look stoopid if their policies actually work.....bringing back some Keynesian demand-push policies is the only thing left and the CBs cant do it-It is like a game of chicken....who blinks first CB or Govt?
Mtl JP 15:05:44 GMT - 09/26/2016
SFH 14:46 that would be a game changer as far as
- the Keynesian contagion currently gripping the CB collective
- relative CB official monetary policies go
practically revolutionary... almost worthy of a new economic nobel prize
and leave a lot of Keynesian adherent PhDs looking stoopid
LONDON SFH 14:46:57 GMT - 09/26/2016
So clearly he needs to change that and start hiking rates
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