tag:blogger.com,1999:blog-2761684730989137546.post700371232317342179..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Jared Bernstein — The Limits of the Fed mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-34313891167818163712012-04-28T01:38:51.127-04:002012-04-28T01:38:51.127-04:00No, the missing ingredient is a free market in mon...No, the missing ingredient is a free market in money production.<br /><br />There is a lack of demand not because there is not enough toilet paper money, but because the economy's capital structure is all out of whack, and won't correct because of artificially low interest rates, and Fed inflation that is incorrectly perceived as "not enough."Petenoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-4556711916599160112012-04-26T22:18:31.392-04:002012-04-26T22:18:31.392-04:00True Mike. I like Jared, he might be worried about...True Mike. I like Jared, he might be worried about the Deficit/debt like a lot of main-streamers but his analysis is always insightful.<br />Also, he doesn't promote policies (like Mankiw) that will destroy the middle class even more.<br /><br />If only he could pick up on some of the realities MMT preaches...That would be a big "win" for us since he's in the media a lot.TheArmoTraderhttp://jerrykhachoyan.comnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-61730380859676768452012-04-26T22:08:45.040-04:002012-04-26T22:08:45.040-04:00Yeah, he "gets" it. But he's also on...Yeah, he "gets" it. But he's also one of those self defeating progressives who talks about dealing with "long term deficits."mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.com