asterisk2a + greatdepression + lunch   2

Junk's heyday is here and now - YouTube
http://www.zerohedge.com/news/2013-05-09/deutsche-bank-we-fully-understand-why-authorities-wouldnt-want-free-markets-operate- "We would stress that we fully understand why the authorities wouldn't want free markets to operate today as the risk of a huge global default and unemployment cycle would still be very high. However their intervention has a cost in our opinion. Socially this might be worth paying but we do think it exists."
bankruptcy  cycle  unemployment  monetary  policy  bond  bubble  zombie  banks  fixed  income  miltonfriedman  BOJ  artificial  demand  Insolvenzverschleppung  QE  lostgeneration  demand  and  supply  property  bubble  hayek  debt  monetisation  debt  bubble  bubble  default  greatdepression  zombie  consumer  debt  monetization  centralbanks  insolvency  cycle  Free  Lunch  IMF  default  cycle  GFC  refinancing  corporate  debt  haircut  unintended  consequences  high  yield  debt  Student  Loan  zombie  corporations  ECB  monetary  system  default  rate  credit  bubble  greatrecession  lostdecade  NIRP  Fed  economic  history  financial  repression  Super  monetarism  sovereign  debt  crisis  youth  unemployment  unconventional  monetary  policy  default  scenario  ZIRP  Junk  Bonds 
may 2013 by asterisk2a
Economic policy: Paved with good intentions | The Economist
Although the debate [austerity] relates to the UK, I think it has a much wider resonance. And indeed, to a student of history, it has fascinating parallels; economic policy-making was rethought in the mid-1970s, but the same debates are popping up again. [...] Margaret Thatcher on ZIRP & QE "Let us print the money instead. Because what that is saying is let us quietly steal a cerain amount from every pound saved in building societies, in national savings, from every person who has been thrifty." [...] [ZIRP & QE is no free lunch - it has consequences, known and unknown, unintended.]
infrastructure  investment  monetary  policy  Margaret  Thatcher  Mark  Carney  Europe  reflation  zombie  banks  New  Normal  BOE  deflation  macroeconomics  macroeconomic  policy  QE  intellectual  fiscal  policy  free  lunch  UK  PIGS  debt  monetisation  Martin  Wolf  austerity  greatdepression  zombie  consumer  economic-thought  deleveraging  economics  debt  monetization  Richardkoo  liberal  economic  reform  IMF  GFC  output-gap  unintended  consequences  margaretthatcher  Troika  davidcameron  greatrecession  debtoverhang  economic  history  financial  repression  Super  Cycle  sovereign  debt  crisis  monetarism  ZIRP  demand-curve  PIIGS  fiscal  theory  supply-demand  MervynKing  GeorgeOsborne 
may 2013 by asterisk2a

related tags

and  artificial  austerity  bankruptcy  banks  BOE  BOJ  bond  Bonds  bubble  Carney  centralbanks  consequences  consumer  corporate  corporations  credit  crisis  cycle  davidcameron  debt  debtoverhang  default  deflation  deleveraging  demand  demand-curve  ECB  economic  economic-thought  economics  Europe  Fed  financial  fiscal  fixed  free  GeorgeOsborne  GFC  greatdepression  greatrecession  haircut  hayek  high  history  IMF  income  infrastructure  insolvency  Insolvenzverschleppung  intellectual  investment  Junk  liberal  Loan  lostdecade  lostgeneration  lunch  macroeconomic  macroeconomics  Margaret  margaretthatcher  Mark  Martin  MervynKing  miltonfriedman  monetarism  monetary  monetisation  monetization  New  NIRP  Normal  output-gap  PIGS  PIIGS  policy  property  QE  rate  refinancing  reflation  reform  repression  Richardkoo  scenario  sovereign  Student  Super  supply  supply-demand  system  Thatcher  theory  Troika  UK  unconventional  unemployment  unintended  Wolf  yield  youth  ZIRP  zombie 

Copy this bookmark:



description:


tags: