tag:blogger.com,1999:blog-2546602206734889307.post183434089539311311..comments2024-03-28T04:29:22.717+00:00Comments on mainly macro: Mediamacro myth 4: The immediate necessity of belt tighteningMainly Macrohttp://www.blogger.com/profile/09984575852247982901noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2546602206734889307.post-34788996040271902852015-04-25T14:32:37.379+00:002015-04-25T14:32:37.379+00:00Here:
http://en.m.wikipedia.org/wiki/Sectoral_bala...Here:<br />http://en.m.wikipedia.org/wiki/Sectoral_balances<br />May I add, the myth is not "immediate necessary" it was NEVER necessary. Inflation is not excessive in the UK.Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-91406418254089103792015-04-25T14:31:16.629+00:002015-04-25T14:31:16.629+00:00"The structural deficit will not go away with..."The structural deficit will not go away without some government action."<br />You really need to learn sectoral balances - look it up.<br />A structural surplus is *impossible* in the UK. Do you hear me Simon?<br />When the govt spends, 100% will come back in taxes except the amount saved. It is spent and respect and portions of the money come off as taxes on various transactions. Foreigners like saving in £ assets (we have a large CAD) and UK private sector needs to pay down debt (net save.)Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-13744094236067745902015-04-25T11:12:28.451+00:002015-04-25T11:12:28.451+00:00I learnt this as part of my MBA. Can someone expla...I learnt this as part of my MBA. Can someone explain to me if cutting is bad in terms of the circular flow of income and its basic stuff. Why are they doing it? Who is this benefitting? Is it just for votes?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-64651152115373546532015-04-25T00:29:37.440+00:002015-04-25T00:29:37.440+00:00I would argue that the Fed in the US isn't rea...I would argue that the Fed in the US isn't really taking the zero lower bound issue very seriously either. Janet Yellen, the current chair of the Fed and known as being a dove (in favor of higher inflation), recently put out an article where she explicitly states that she's significantly more worried about inflation getting to high than too low. There is zero discussion about raising the inflation target, which is probably the best tool a central bank has to prevent hitting the zero lower bound in the future.Kimberly Dickhttps://www.blogger.com/profile/13930917517196516292noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-90477730440906969752015-04-24T13:54:17.632+00:002015-04-24T13:54:17.632+00:00You should just be chancellor....like Yanis You should just be chancellor....like Yanis Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-87956726335666557182015-04-24T12:30:38.469+00:002015-04-24T12:30:38.469+00:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/01698266613078599896noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-48693706401699708542015-04-24T12:30:26.099+00:002015-04-24T12:30:26.099+00:00This comment has been removed by a blog administrator.agen judi bola terpercayahttp://sports369.comnoreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-66155929358585820322015-04-24T11:50:52.405+00:002015-04-24T11:50:52.405+00:00Good reading, many of the waters at present are un...Good reading, many of the waters at present are uncharted, some of those charted need care. I explained all this yesterday, Thursday, in "Budget Planning"Demetriushttps://www.blogger.com/profile/17198549581667363991noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-85737500284143541802015-04-24T11:24:05.056+00:002015-04-24T11:24:05.056+00:00This comment has been removed by the author.Dinerohttps://www.blogger.com/profile/14632385731642361211noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-35853122419600712642015-04-24T11:21:37.914+00:002015-04-24T11:21:37.914+00:00I am enjoying this series. I'm one of the gene...I am enjoying this series. I'm one of the general readers you are aiming at, (and I don't always understand every post on your blog), but you are hitting the mark with these. It would be helpful if you could tag all the posts in this series with the same unique identifier. It would help me share them on twitter etc.Jameshttps://www.blogger.com/profile/15694610907708913792noreply@blogger.com