Re:Bernanke Says U.S. Economy Faces a ‘Wile E. Coyote’ Momen...
by AnimalMuppet on Friday June 08, 2018 @12:31PM
(#17267068)
> Left uncontrolled, the market will disconnect from reality and create bubbles that can destroy the economy, as it did in 1929.
And 1893, and a bunch of other times. But that might also be called the "business cycle". This nice tame business cycle that we've come to take for granted is created by the Fed; the sans-Fed business cycle was incredibly vicious.
And 1893, and a bunch of other times. But that might also be called the "business cycle". This nice tame business cycle that we've come to take for granted is created by the Fed; the sans-Fed business cycle was incredibly vicious.