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Author Topic: We asked 13 economists how to fix things. Rabbit Hole?  (Read 1165 times)

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SydneyRover

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We asked 13 economists how to fix things. Rabbit Hole?
« on November 04, 2019, 04:18:46 am by SydneyRover »
I've put this in a separate topic, not because it deserves it but because it's Australian and topical with another thread and it won't distract from the already informative debate.

background

Morrison pm is a right wing ex media boss and member of an evangelical cult/religious group where greed is good.

https://www.dailytelegraph.com.au/news/nsw/hillsong-church-rakes-in-100m-a-year-from-its-flock-of-34000/news-story/45e21c47b6b5221fab97ad0ba0a6f1bd

''We asked 13 economists how to fix things. All back the RBA governor over the treasurer

All say stimulus is needed and the central bank can’t do it alone. And almost all think a surplus can wait''

https://www.theguardian.com/business/commentisfree/2019/nov/04/we-asked-13-economists-how-to-fix-things-all-back-the-rba-governor-over-the-treasurer



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selby

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Re: We asked 13 economists how to fix things. Rabbit Hole?
« Reply #1 on November 05, 2019, 09:47:53 pm by selby »
  What the economists miss though Sydney, is that the money lenders / market makers don't wait for a surplus. The big rollers look at a situation and then decide whether to skim the local stock market, or have ago at the currency.
   They make their percentage whichever way the dice falls, and are the reason the dice falls a certain way.
  Every thing else, and every body else are incidental.
« Last Edit: November 05, 2019, 09:51:03 pm by selby »

SydneyRover

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Re: We asked 13 economists how to fix things. Rabbit Hole?
« Reply #2 on November 06, 2019, 01:15:06 am by SydneyRover »
Not sure the economists mentioned it one way or the other Selby, but I'm sure that the people you mention operate under all conditions and don't sit on their wallets until a stimulus occurs.

 

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