Strange Things That Have Been Happening in Financial Markets

Re:Strange Things That Have Been Happening in Financial Markets by Animats on Saturday November 14, 2015 @12:06AM (#10564543)

Strange things happen when interest rates are near zero. Things other than the cost of money start to have outsized effects.

(One argument for a higher minimum wage is that it might cause some inflation, which would bring interest rates up a bit and get rid of some of these strange effects.)

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Re:Strange Things That Have Been Happening in Financial Markets by leaveyou on Saturday November 14, 2015 @04:05AM (#10565031)

Higher minimum wage ??? So you want to punish the job creators for being successful ? Everyone knows that trickle down is the way to go. If it fails to trickle down you need to "inject" more money into the economy until it trickles down /s

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Re:Strange Things That Have Been Happening in Financial Markets by collyw on Saturday November 14, 2015 @05:19AM (#10565190)

Oops downvoted before noticing the /s (I assume thats sarcasm)

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Re:Strange Things That Have Been Happening in Financial Markets by allencoin on Saturday November 14, 2015 @09:29AM (#10565774)

Yes, the "/s" is commonly used on sites like reddit to denote sarcasm.

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