The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > Article Comments > Higher inflation targets would not be a good idea > Comments

Higher inflation targets would not be a good idea : Comments

By Saul Eslake, published 1/3/2010

Lessons for economic policy-makers from the recent financial crisis and global recession.

  1. Pages:
  2. Page 1
  3. All
Best way to avoid bubbles: Make interest rates the market price for money instead of fixing it to maximise banks' profits.
Why should financial industry take millions from the economy? Where was that wealth earned? Who has to work to actually create that wealth in the first place? Huge profits are followed by "financial crises" or "recessions" but really it's just "paying the piper". You can only BS reality for so long.
The trouble is the "gimmie" class gets all the wealth and the workers pay through unemployment.
Unearned million dollar salaries are theft from the rest of the economy.
Posted by Ozandy, Monday, 1 March 2010 3:16:01 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy