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View Diary: Economics Daily Digest: Learning to love the platinum coin (26 comments)

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  •  They would raise interest rates (0+ / 0-)

    And yeah- they're too low- but that hurts and pretty much halts the economy in its tracks

    So again, you can do a little of that in the mix, but too much and you end up with what we had in the 80s

    13% interest rates AND inflation

    The object of persecution is persecution. The object of torture is torture. The object of power is power. --George Orwell

    by jgkojak on Tue Jan 08, 2013 at 01:16:22 PM PST

    [ Parent ]

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