MORE ON THE FED: Bernanke Says Policies Boost Stocks, Not Food Prices - Barrons.com
Sometimes there are numbers that seem to linger - such as the percent of GDP spent by the Federal Government - and have consequent actions from time and time again.
It's sort of like separating the wheat from the chaff or separating the static from the transmission.
I'm not sure, but it would seem as though the size and weight of the Federal Government on the economy would logically have an impact on the economy.
Is the Fed's printing or non-printing of money an equal or subservient or dominant cause of conditionality? In the 70's, there was stagflation - in that case both a high GDP % and high money growth existed.
Now, we have an even higher share of GDP going to the Federal government, very strong money printing (which was abjured back in the 70's and early 80's (with warnings)) - so, what now?
Friday, February 4, 2011
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