tag:blogger.com,1999:blog-8897997766931633186.post6699404870193035185..comments2024-02-14T03:21:37.506-05:00Comments on Monetary Freedom: Why I Oppose "Fiscal Policy"Bill Woolseyhttp://www.blogger.com/profile/06330232724290161369noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8897997766931633186.post-50229752777360767772016-03-30T12:02:59.113-04:002016-03-30T12:02:59.113-04:00We need to keep our self updated with everything, ...We need to keep our self updated with everything, it’s really had to decide anything and Fed policy is something really confusing at the moment. I’m a small trader and therefore, I only prefer to trade on clear and long term opportunities which is easier with OctaFX broker, it’s a really awesome broker with having swap free account, so that’s something that helps me a lot with long term trading since I’m not required to pay any overnight charges for any trade.Marcusnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-78336508891366924442012-12-27T01:48:12.470-05:002012-12-27T01:48:12.470-05:00Intelligent blogging, really enjoyed.
Agreed tha...Intelligent blogging, really enjoyed. <br /><br />Agreed that fiscal policy is dead, and needs to be buried. <br /><br />That said, we may be entering an era of perma-QE. Don't laugh.<br /><br />Think about Japan. How long will Japan have to go with QE until they have robust growth and even mild inflation? We are talking years. They tried QE from 2001-2006 with success, but then quit early. <br /><br />That makes Fed policy into a revenue function. When the Fed does QE, it ends up with trillions of dollars. It has to funnel those assets to the US government. <br /><br />I know monetizing the debt is taboo. The fact is, the Fed is on course to monetize $3 trillion, and we see the Cleveland Fed Index of Inflationary Expectations are record lows. Japan monetized debt for five years, and went straight into deflation again. <br /><br />This is the Next Frontier for economists. How to conduct long-term QE, and should the Fed be independent? <br /><br />These are uncomfortable questions. But so was QE uncomfortable only a couple of years back.<br /><br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com