Tag Archives | interest rates

Paul Krugman On Why We Should NOT Raise Interest Rates

This is relating to a recent discussion/argument that Diogene and I have been having.   Paul Krugman’s NYT editorial of yesterday addresses the very question, and Krugman explains why he thinks it would be a terrible blunder to raise interest rates in the present economic environment. Unfortunately, I cannot link you to it, but if [...]

Read full story Comments { 5 }

Roberts on Bernanke, et.al

I posed the question in my Bernanke post (‘Continuing Our Argument’) whether commentators on the left-progressive side were opposed to the Fed’s interventions or neutral (feeling that not enough had been done and perhaps wishing for more). Here’s one of the economists I follow, Paul Craig Roberts, and he seems pretty firmly is in the [...]

Read full story Comments { 11 }

Continuing our argument on the Fed’s role

I wanted to run this by the board and see what kind of reaction it gets. Leroy and I have had a longstanding argument re: the role of the Federal Reserve in getting us out of the economic swamp we’ve been in since 2008, or at least ameliorating conditions for the people. He sees the [...]

Read full story Comments { 18 }