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Originally posted by Kidicious
Does the ECB even keep track of the economic growth of the EU? I can't find the stats at their website.
Does the ECB even keep track of the economic growth of the EU? I can't find the stats at their website.
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You can't find any GDP stats at the Fed's site either.
DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts. -
There is no point in comparing the two. The optimal rate is different in the two economies.Originally posted by Colon
And as I've told you over and over again, corporate bond rates and govt bond rates are lower in the Eurozone than in the US. Obviously there are other factors.
You can also raise rates to prevent inflation when the economy starts to grow again. So the money supply doesn't necessarily cause inflation.Originally posted by Colon
Rephrase please.Another point is that you can have a larger money supply with a smaller output and not have inflation. When people start spending you can decrease the money supply.
Ok, then why not have the banks charge the same interest rate for loans and increase the credit availability. Sorry, that won't work.Originally posted by Colon
Credit availability isn't the sole determinant of growth.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Yes, you have already showed us the growth in the money supply. Unfortunately I have showed you that the increased money supply has not caused you economy to grow.Originally posted by Colon
*KUCH*
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Doing wonders in getting rid of the excesses properly, instead of shuffling them along.Originally posted by Kidicious
According to the European Commision the European Union's economy grew by 0.1% in the first quarter. Wow HO, that monetary policy of yours is doing wonders.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Getting rid of excess productionOriginally posted by Colon
Doing wonders in getting rid of the excesses properly, instead of shuffling them along.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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You're one bloody commie
Just because I'm pragmatic doesn't make me a commie.
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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It helpsOriginally posted by DanS
You're one bloody commie
Just because I'm pragmatic doesn't make me a commie.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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