bushi
Ground Beetle
- Messages
- 968
- Reaction score
- 13
- Points
- 143
...before exiting anything:
http://marketmonetarist.com/2013/03/11/the-graph-bernanke-should-look-at-before-exiting-anything/
this is just too funny - the guy in the post quoted above, put some function-model, based on historical data, that models what the Fed funds target rate should be, to fulfill the premises of "2% inflation, and low unemployment"
And here's the kicker - the rates, as the model says, shall be at -7% today - again, that is estimation, based on historical data.
:rotflmbo: WTF, who put that freaking ultra-conservative-batshit-crazy-rightwinger Bernanke in charge, in times of such a great need?!
http://marketmonetarist.com/2013/03/11/the-graph-bernanke-should-look-at-before-exiting-anything/
this is just too funny - the guy in the post quoted above, put some function-model, based on historical data, that models what the Fed funds target rate should be, to fulfill the premises of "2% inflation, and low unemployment"
And here's the kicker - the rates, as the model says, shall be at -7% today - again, that is estimation, based on historical data.
:rotflmbo: WTF, who put that freaking ultra-conservative-batshit-crazy-rightwinger Bernanke in charge, in times of such a great need?!