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- easy Fed money and low interest rates
May 14th, 2018 at 2:37pm
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- from the article

"The idea that easy money can substitute as a fix for underlying structural problems wasn’t born in Argentina. Barack Obama and Federal Reserve Chairs Ben Bernanke and Janet Yellen tried it for eight years after the 2008 financial crisis. Yet U.S. growth didn’t pick up until the Trump administration began to cut taxes and reverse an antibusiness bias."
https://www.wsj.com/articles/the-argentine-pesos-death-spiral-1526233581
  

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Re: - easy Fed money and low interest rates
Reply #1 - May 14th, 2018 at 3:25pm
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Your link is about Argentina, but I suspect your focus is on Trump's impact on US growth.

US GDP grew 2.3% during 2017, which Obama beat twice in his 8 years in office.
  

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Re: - easy Fed money and low interest rates
Reply #2 - May 14th, 2018 at 6:48pm
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admin wrote on May 14th, 2018 at 2:37pm:
- from the article

"The idea that easy money can substitute as a fix for underlying structural problems wasn’t born in Argentina. Barack Obama and Federal Reserve Chairs Ben Bernanke and Janet Yellen tried it for eight years after the 2008 financial crisis. Yet U.S. growth didn’t pick up until the Trump administration began to cut taxes and reverse an antibusiness bias."
https://www.wsj.com/articles/the-argentine-pesos-death-spiral-1526233581


LOL.   It started before that.  It really started in 1913.  But it is the main contributing factor in the creating the bubble that burst, and led Bernanke and Yellen to try to re-blow the bubble.
  
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Re: - easy Fed money and low interest rates
Reply #3 - May 14th, 2018 at 11:31pm
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