The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27049
Likes: 34333


It is absolutely never the case that any one set of solutions


Applies to every economic circumstance. Every crisis is different, and even when not dominated by pure ideology as LA is with his “recommendations”, the biggest mistake of policy makers is applying lessons from the last crisis to the current one. That largely led very smart people, including Jerome Powell, to assume inflation will be transitory this time - all the inflation fears in 2008 turned out to be wrong, after all.

LA’s are based on pure political ideology, which is worst of all.

(In response to this post by CMUHoo)

Posted: 05/19/2022 at 10:55AM



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Current Thread:
 
  
Dow 1/21/21 - Close 31,188. Dow this AM - 31,129. -- Hoodafan 05/19/2022 09:35AM
  Excuse me, but his name is Brandon. ** -- DownTownHoo 05/19/2022 10:30AM
  What would you like him to do differently? -- CMUHoo 05/19/2022 10:11AM
  Prime example of Maslow's Law of the Instrument" -- The Grand WazHoo 05/19/2022 4:52PM
  Pretty much never unless... -- Los Angeles Hoo 05/19/2022 1:11PM
  Lol! Yep. That's the ticket. ** -- HoosWillWin 05/19/2022 12:00PM
  Your pat answer for every situation -- CMUHoo 05/19/2022 10:35AM
  My “pat answer” to starvation is to eat, just like my… -- Los Angeles Hoo 05/19/2022 12:18PM
  And when you're wrong, you're wrong. -- CMUHoo 05/19/2022 12:42PM
  It is absolutely never the case that any one set of solutions -- hoolstoptheheels 05/19/2022 10:55AM
  You should inflation-adjust those numbers, in which case... -- Los Angeles Hoo 05/19/2022 10:34AM
  My apologies, heels. ** -- Los Angeles Hoo 05/19/2022 1:10PM
  *** -- Los Angeles Hoo 05/19/2022 1:09PM
  31,167. Fake Nooz now! -- Hoodafan 05/19/2022 10:29AM
  Curses! Foiled again! -- hoolstoptheheels 05/19/2022 10:47AM
  TeLL uS wAt WoOD U DuE ** -- ryno hoo 05/19/2022 10:15AM
  Dow 2/14/20 - Close 29,398. Dow this AM - 31,129. -- Hoodeac 05/19/2022 09:54AM
  Not bad considering the circumstances. ** -- SixerHoo 05/19/2022 09:43AM
  Suck on that, Corporate AmeriKKKa!!!** -- ResistHoo 05/19/2022 09:38AM

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