Comments on: Should the Fed keep interest rates near zero? http://www.debateitout.com/should-the-fed-keep-interest-rates-near-zero.html Debate online with people! Thu, 09 Feb 2012 18:12:41 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Liberty94 http://www.debateitout.com/should-the-fed-keep-interest-rates-near-zero.html/comment-page-1#comment-7289 Liberty94 Mon, 15 Mar 2010 14:08:34 +0000 http://www.debateitout.com/?p=1993#comment-7289 Sporadic internet access stinks. I know the feeling. ^.^ Now that we have taken this subject OT... :P Sporadic internet access stinks. I know the feeling. ^.^ Now that we have taken this subject OT… :P

]]> By: papadawg http://www.debateitout.com/should-the-fed-keep-interest-rates-near-zero.html/comment-page-1#comment-7286 papadawg Mon, 15 Mar 2010 07:57:11 +0000 http://www.debateitout.com/?p=1993#comment-7286 Yup, I know the feeling . . . Where I currently am internet access is sporadic at best. I will be back at the old homestead next month, sometime. ^_^ Yup, I know the feeling . . . Where I currently am internet access is sporadic at best.

I will be back at the old homestead next month, sometime. ^_^

]]> By: Liberty94 http://www.debateitout.com/should-the-fed-keep-interest-rates-near-zero.html/comment-page-1#comment-7281 Liberty94 Sun, 14 Mar 2010 03:31:29 +0000 http://www.debateitout.com/?p=1993#comment-7281 Oops. >.> New laptop, confusing. :P Oops. >.> New laptop, confusing. :P

]]> By: papadawg http://www.debateitout.com/should-the-fed-keep-interest-rates-near-zero.html/comment-page-1#comment-7280 papadawg Sun, 14 Mar 2010 02:56:31 +0000 http://www.debateitout.com/?p=1993#comment-7280 You missed a step here Liberty94. This thread is supposed to be about the Federal Reserve. Plutocracy is one thread down . . . :o You missed a step here Liberty94. This thread is supposed to be about the Federal Reserve. Plutocracy is one thread down . . . :o

]]> By: papadawg http://www.debateitout.com/should-the-fed-keep-interest-rates-near-zero.html/comment-page-1#comment-7267 papadawg Sat, 13 Mar 2010 06:25:42 +0000 http://www.debateitout.com/?p=1993#comment-7267 The "Federal Reserve Note" has no solid backing as it is solely based on just the ability of the government to tax the incomes of the population of the country. It is best described as insanity on steroids. Just my not-so-humble opinion. B) The "Federal Reserve Note" has no solid backing as it is solely based on just the ability of the government to tax the incomes of the population of the country.

It is best described as insanity on steroids.

Just my not-so-humble opinion. B)

]]> By: Sun Tzu http://www.debateitout.com/should-the-fed-keep-interest-rates-near-zero.html/comment-page-1#comment-7263 Sun Tzu Sat, 13 Mar 2010 02:57:29 +0000 http://www.debateitout.com/?p=1993#comment-7263 Federal reserve should have been charging banks on excess reserves to create an effective negative interest rate last two years. Didn't do it. Instead they were paying for excess reserves. Which was peachy for the banks but not so much for the general economy or for the fed's stated mission of providing a stable and solid currency. Under ordinary circumstances I'd definitely say this is bad. Under deflationary circumstances, it's far superior to use monetary inflation and/or depreciation of the currency than to throw money around through Congress as "stimulus" or to just give it to specific banking and financial institutions (even if you get most of it back very quickly). Federal reserve should have been charging banks on excess reserves to create an effective negative interest rate last two years. Didn't do it. Instead they were paying for excess reserves. Which was peachy for the banks but not so much for the general economy or for the fed's stated mission of providing a stable and solid currency.

Under ordinary circumstances I'd definitely say this is bad. Under deflationary circumstances, it's far superior to use monetary inflation and/or depreciation of the currency than to throw money around through Congress as "stimulus" or to just give it to specific banking and financial institutions (even if you get most of it back very quickly).

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