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U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

Sure....you did not subsequently write even more on how you feel that OSHA is useless. I imagined that.

Of course you imagined it. Unless you can show me where I said it was useless.

See, I never claimed that I was anything.....is it not IRONIC that you accuses me of being a mind reader!

Of course I accused you of being a mind reader. That's what people who 'read between the lines' generally do.

FFS....give it a rest, you have beaten yourself up enough on your second day.

You're the one straying as far from the initial discussion as possible, not me.

I don't care because I get paid either way...
 
I don't see that as a way to grow the economy. Care to elaborate?

It won't grow the economy. It'll crash it, but that is where the path this economy is ultimately going down. Higher interest rates fuels more production and capital investment. It takes the purchasing power from speculators, spenders and borrowers, and places it into the hands of savers and investors.

Although I'll miss the cheap money when it's gone.
 
It won't grow the economy. It'll crash it, but that is where the path this economy is ultimately going down. Higher interest rates fuels more production and capital investment. It takes the purchasing power from speculators, spenders and borrowers, and places it into the hands of savers and investors.

Although I'll miss the cheap money when it's gone.

The path of the economy is currently following that of least resistance. Savers and investors is a meme, as those individuals would do what was necessary to make a return on their holdings. I'm looking for ideas that both sides can/should agree upon to grow our economy...
 
The path of the economy is currently following that of least resistance. Savers and investors is a meme, as those individuals would do what was necessary to make a return on their holdings.

And this is why you have the Stock Market gains you do now. People are not flooding there because the American economy became a casino again. People are putting their money into the stock market because it's the only place in the U.S. economy where anyone can get a decent return. Who exactly does that help? Seeing as the Top 10% owns 90% of all the stocks and bonds, not the income earners who really matters the most in this country (according to some people).

Higher int erst rates helps savers gain an equability return on their savings, which makes this capital available for those who really need it. But ultimately, no one is better off by restricting their money from other people.

I'm looking for ideas that both sides can/should agree upon to grow our economy...

Everyone agrees on the ends, just not the means. Tell me what you would like for the economy, and I will suggest what you could do to accomplish this.
 
And this is why you have the Stock Market gains you do now. People are not flooding there because the American economy became a casino again. People are putting their money into the stock market because it's the only place in the U.S. economy where anyone can get a decent return. Who exactly does that help? Seeing as the Top 10% owns 90% of all the stocks and bonds, not the income earners who really matters the most in this country (according to some people).

Higher int erst rates helps savers gain an equability return on their savings, which makes this capital available for those who really need it. But ultimately, no one is better off by restricting their money from other people.



Everyone agrees on the ends, just not the means. Tell me what you would like for the economy, and I will suggest what you could do to accomplish this.

Yes, higher rates helps savers, but what does it do for those not able to save? We need to enact policies that would help absorb our excess labor so that we would pay less for those individuals to do nothing that is productive...
 
Yes, higher rates helps savers, but what does it do for those not able to save?

They can always borrow and then the market can determine their rate of interest. An entire population cannot borrow unless there is someone saving somewhere. Unless, there is a foreign saver, which is not good for the domestic economy. This brings an outflow of capital to foreign investors which deprives the economy of liquidity.

But anyone can save. Savings is gathered from under-consumption, and Americans do far too much consumption.

We need to enact policies that would help absorb our excess labor so that we would pay less for those individuals to do nothing that is productive...

What do you consider unproductive?
 
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They can always borrow and then the market can determine their rate of interest. An entire population cannot borrow unless there is someone saving somewhere. Unless, there is a foreign saver, which is not good for the domestic economy. This brings an outflow of capital to foreign investors which deprives the economy of liquidity.

But anyone can save. Savings is gather from under-consumption, and Americans do far to much of that.



What do you consider unproductive?

Our banking system does not require a saver in order to create loans. What it does require is a specific capital ratio be maintained by the institution...

As to unproductive, I would give you those invested in derivatives as the perfect examples...
 
Our banking system does not require a saver in order to create loans. What it does require is a specific capital ratio be maintained by the institution...

The capital ratio exceeded are the excess reserves and the entire purpose of lending is to drain excess reserves. It doesn't always require a saver, as banks can lend to one another. Banks generally lend to credit-worthy borrowers and hold the IOU's in exchange. If banks need or want the reserves, they borrow from each other or go to the Federal Reserve's discount window. If the entire system is short, upward pressure on the overright rate sends a signal to the Fed to supply Reserves. But generally all deposits end up inside of a bank and when deposits exceed reserve requirements, these reserves are lent out.

As to unproductive, I would give you those invested in derivatives as the perfect examples...

Futures? Currencies? Options? Swaps? Any specifics?
 
The capital ratio exceeded are the excess reserves and the entire purpose of lending is to drain excess reserves. It doesn't always require a saver, as banks can lend to one another. Banks generally lend to credit-worthy borrowers and hold the IOU's in exchange. If banks need or want the reserves, they borrow from each other or go to the Federal Reserve's discount window. If the entire system is short, upward pressure on the overright rate sends a signal to the Fed to supply Reserves. But generally all deposits end up inside of a bank and when deposits exceed reserve requirements, these reserves are lent out.


Futures? Currencies? Options? Swaps? Any specifics?

Did you really me mean to state your thought in this way? We're discussing private lending, not interbank lending in this context...
 
Did you really me mean to state your thought in this way? We're discussing private lending, not interbank lending in this context...

I just described interbank lending because you deserved reserve requirements. Draining excess reserves a function of lending, whether it's private or institutional.

Are you going to mention which types of derivatives you are referring to?
 
I just described interbank lending because you deserved reserve requirements. Draining excess reserves a function of lending, whether it's private or institutional.

Are you going to mention which types of derivatives you are referring to?

The Fed determines the level of reserves in the system, not the individual banks... Banks make loans first and seek any necessary reserves afterwards...
 
The Fed determines the level of reserves in the system, not the individual banks... Banks make loans first and seek any necessary reserves afterwards...

I know this, but this cannot happen unless there are deposits or savings to start with...

Now, about those unproductive derivatives?
 
I know this, but this cannot happen unless there are deposits or savings to start with...

Now, about those unproductive derivatives?

I would like for you to give me an example of a productive derivative. A bank doesn't need deposits; it requires capital...
 
I would like for you to give me an example of a productive derivative.

They all have their uses as investments, but others can be used for gambling which is equivalent to short selling. Forward swaps, Options and Futures can be invested in this way. No policy is really required to ensure people make money from this. If these investments don't pan out, the investor can loss alot of money.


A bank doesn't need deposits; it requires capital...

Banks need capital to make loans. They're going to do this without deposits?
 
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She's not a sock puppet, I know her from another message board

Ahhh, well she certainly didn't live up to my expectations to say the least.
 
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