tag:blogger.com,1999:blog-2761684730989137546.post5393154033698299472..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Bill Mitchell — The neoliberal ‘progressives’ and their bankster mates are becoming rattledmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-7307904541099166512018-07-23T09:36:38.588-04:002018-07-23T09:36:38.588-04:00“Monetary policy (interest rate changes) is relati...“Monetary policy (interest rate changes) is relatively ineffective as a counter-stabilisation tool. That was demonstrated very clearly during the GFC as central banks claimed they were trying to elevate inflation rates and haven’t succeeded despite massive asset increases on their balance sheets arising from QE.“<br /><br />Yeah but what was the effect of that CB policy on the Depository’s parameters which are used to compute regulatory ratios?Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com