Page 214 of 215 FirstFirst ... 114164204212213214215 LastLast
Results 2,131 to 2,140 of 2145

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

  1. #2131
    Pragmatist
    AlabamaPaul's Avatar
    Join Date
    Jan 2013
    Location
    Alabama
    Last Seen
    12-08-17 @ 11:17 AM
    Gender
    Lean
    Liberal
    Posts
    8,834

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

    Quote Originally Posted by AmazonTania View Post
    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...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  2. #2132
    Banned
    Join Date
    Jul 2013
    Location
    New York/London
    Last Seen
    07-29-13 @ 11:15 PM
    Gender
    Lean
    Other
    Posts
    76

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

    Quote Originally Posted by AlabamaPaul View Post
    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.

  3. #2133
    Pragmatist
    AlabamaPaul's Avatar
    Join Date
    Jan 2013
    Location
    Alabama
    Last Seen
    12-08-17 @ 11:17 AM
    Gender
    Lean
    Liberal
    Posts
    8,834

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

    Quote Originally Posted by AmazonTania View Post
    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...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  4. #2134
    Banned
    Join Date
    Jul 2013
    Location
    New York/London
    Last Seen
    07-29-13 @ 11:15 PM
    Gender
    Lean
    Other
    Posts
    76

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

    Quote Originally Posted by AlabamaPaul View Post
    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?
    Last edited by AmazonTania; 07-29-13 at 10:09 PM.

  5. #2135
    Pragmatist
    AlabamaPaul's Avatar
    Join Date
    Jan 2013
    Location
    Alabama
    Last Seen
    12-08-17 @ 11:17 AM
    Gender
    Lean
    Liberal
    Posts
    8,834

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

    Quote Originally Posted by AmazonTania View Post
    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...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  6. #2136
    Banned
    Join Date
    Jul 2013
    Location
    New York/London
    Last Seen
    07-29-13 @ 11:15 PM
    Gender
    Lean
    Other
    Posts
    76

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

    Quote Originally Posted by AlabamaPaul View Post
    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?

  7. #2137
    Pragmatist
    AlabamaPaul's Avatar
    Join Date
    Jan 2013
    Location
    Alabama
    Last Seen
    12-08-17 @ 11:17 AM
    Gender
    Lean
    Liberal
    Posts
    8,834

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

    Quote Originally Posted by AmazonTania View Post
    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...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  8. #2138
    Banned
    Join Date
    Jul 2013
    Location
    New York/London
    Last Seen
    07-29-13 @ 11:15 PM
    Gender
    Lean
    Other
    Posts
    76

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

    Quote Originally Posted by AlabamaPaul View Post
    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?

  9. #2139
    Pragmatist
    AlabamaPaul's Avatar
    Join Date
    Jan 2013
    Location
    Alabama
    Last Seen
    12-08-17 @ 11:17 AM
    Gender
    Lean
    Liberal
    Posts
    8,834

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

    Quote Originally Posted by AmazonTania View Post
    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...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  10. #2140
    Banned
    Join Date
    Jul 2013
    Location
    New York/London
    Last Seen
    07-29-13 @ 11:15 PM
    Gender
    Lean
    Other
    Posts
    76

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

    Quote Originally Posted by AlabamaPaul View Post
    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?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •