tag:blogger.com,1999:blog-6948982521501107752.post4265212961385726702..comments2023-10-21T09:03:15.270-04:00Comments on Rogue Economist Rants: Monetary easing and the need for macroprudential monitoringRogue Economisthttp://www.blogger.com/profile/03439817966760459091noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6948982521501107752.post-14797412351591184092011-03-20T07:45:30.525-04:002011-03-20T07:45:30.525-04:00Finance is a black hole from which nothing escapes...Finance is a black hole from which nothing escapes.<br /><br />Policy keeps doing things to improve conditions for finance, because policymakers think we need credit for growth.<br /><br />Ford was already in the 1990s making more money by financing cars than making cars.<br /><br />To look at where we ended up is fine; but to see where we ended up as the problem, is wrong.<br /><br />ArtThe Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-6948982521501107752.post-38443626476692426482011-02-25T22:27:44.694-05:002011-02-25T22:27:44.694-05:00If you know that the Fed can easily save your wron...If you know that the Fed can easily save your wrong investment choices in asset bubbles by further easing, whereas your investment in a business that needs to sell actual products is not easily saved by such easing, it's really a no-brainer where you put your money in.Rogue Economisthttps://www.blogger.com/profile/03439817966760459091noreply@blogger.comtag:blogger.com,1999:blog-6948982521501107752.post-76679891014456492942011-02-25T18:12:08.108-05:002011-02-25T18:12:08.108-05:00As Cullen Roche at Pragmatic Capitalism has said, ...As Cullen Roche at Pragmatic Capitalism has said, QE works by encouraging a casino type mentality. Just bet on asset prices and you can get rich (wealth affect). Problem is if everyone with extra capital is doing this no one is investing into truly productive ventures and the real economy is deprived of investment. <br /><br />Ben assumes if you feel rich enough youll start taking risks into productive ventures....... but why should you if you can just keep getting richer gambling!!Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.com