tag:blogger.com,1999:blog-6616959642391988608.post5286099851621364754..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Service sector outlook solidScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-63561895884129056522014-08-05T20:43:06.903-07:002014-08-05T20:43:06.903-07:00We'll miss you.We'll miss you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-58200147148929943102014-08-05T20:08:27.930-07:002014-08-05T20:08:27.930-07:00Sgt. Red:
Sometimes I don't know the point I ...Sgt. Red:<br /><br />Sometimes I don't know the point I am making either.<br /><br />The Fed was too late and too little in cutting rates in 2008, and only went to QE later.<br /><br />Anyway, you cannot tell whether a central bank is "tight" or "loose" just by looking at rates. <br /><br />If that were true, you would conclude the Bank of Japan was looser than a dockside Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-57528147784378027182014-08-05T18:56:31.946-07:002014-08-05T18:56:31.946-07:00Benjamin;
I am uncertain as to the point you are ...Benjamin;<br /><br />I am uncertain as to the point you are making, but the Federal Reserve tightened from June 2004 - June 2006. They loosened 2007-2008. <br /><br /><a href="http://www.newyorkfed.org/markets/statistics/dlyrates/fedrate.html" rel="nofollow">Historical Changes of the Target Federal Funds and Discount Rates</a>sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-86417709336464025062014-08-05T18:06:05.866-07:002014-08-05T18:06:05.866-07:00What a queer virtual coin I have. On one side is ...What a queer virtual coin I have. On one side is an image of Ben Cohen and the other side I there is an image of Pete Schiff.<br /><br />http://seekingalpha.com/article/2380815-the-deflation-menaceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-16788108212408656642014-08-05T17:22:03.467-07:002014-08-05T17:22:03.467-07:00Okay one more point...the BoJ had interest rates n...Okay one more point...the BoJ had interest rates near zero for 20 years yet the yen kept appreciating. The point is that interest rates alone do not tell you what the stance of monetary policy. You must look at the totality. Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15959131368532846162014-08-05T16:37:47.338-07:002014-08-05T16:37:47.338-07:00FOMC member Richard Fisher is a monomaniac inflati...FOMC member Richard Fisher is a monomaniac inflation-phobiac. Egads, he is an active menace to American prosperity.<br />Robust, growing economies generate some bottlenecks and price pressures, that the price signal usually resolves. You can avoid inflation by choking off prosperity through tight money. I prefer prosperity.<br /><br />The Fed is tightening now, cutting QE. The ECB has been Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71103969415551066292014-08-05T15:54:43.397-07:002014-08-05T15:54:43.397-07:00Fed's Fisher: More data like July ISM service ...<b>Fed's Fisher: More data like July ISM service index will prompt rate move</b><br /><br />http://www.marketwatch.com/story/feds-fisher-more-data-like-july-ism-service-index-will-prompt-rate-move-2014-08-05Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.com