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Response to Yavin4 (Original post)

Wed Aug 14, 2019, 09:30 PM

30. I'll probably get summarily silenced for this but...

 

The last thing we want to do in an emotion/speculative economy is start screaming recession just yet. It does appear that's where things are heading but at the same time, why doesn't anyone acknowledge that the sharper the rise the quicker the fall.
This was the whole reason behind Bernakes "quantitative easing" to control the dip while synthesizing growth, holding it and then allowing the sectors that influence market growth the catch up. We did this by inflating our currency, thus manipulating our currency's worth. Something conservatives for a long time have railed against because it makes us less able to handle natural market corrections.
China devalued their currency to handle the tariffs and I venture to guess that had we not come from a situation where we had ridden the last year of a bull economy with an artificially inflated currency, their devaluation wouldn't have effected our market so hard.

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Yavin4 Aug 14 OP
enid602 Aug 14 #1
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ck4829 Aug 15 #50
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Yavin4 Aug 14 #28
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ck4829 Aug 15 #49
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sandensea Aug 14 #26
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jmbar2 Aug 14 #29
LineReply I'll probably get summarily silenced for this but...
TheCrankyLiberal Aug 14 #30
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roamer65 Aug 14 #38
PoindexterOglethorpe Aug 15 #39
NCLefty Aug 15 #45
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