Comments on: Morgan Stanley Euro Analyst Says Rebound Rally in Last Stage http://wallstreetpit.com/11548-morgan-stanley-euro-analyst-says-rebound-rally-in-last-stage Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Daniel Habtemariam http://wallstreetpit.com/11548-morgan-stanley-euro-analyst-says-rebound-rally-in-last-stage#comment-74536 Daniel Habtemariam Tue, 27 Oct 2009 18:31:10 +0000 http://wallstreetpit.com/?p=11548#comment-74536 'inflation nutter' - people who concentrate on inflation to the detriment of stable growth, employment and/or exchange rates These people are typically supply-siders yearning for a return to the glory days when they could make $100,000 for every million they have in bank instead of the paltry $10,000 they're accruing in interest nowadays. Must be nice to be rich. It's all a red herring for actually addressing unemployment--or, if you want to give them the benefit of the doubt, the credit crunch and failures of conventional monetary policy to get us out of the liquidity trap we're in. ‘inflation nutter’ – people who concentrate on inflation to the detriment of stable growth, employment and/or exchange rates

These people are typically supply-siders yearning for a return to the glory days when they could make $100,000 for every million they have in bank instead of the paltry $10,000 they’re accruing in interest nowadays. Must be nice to be rich.

It’s all a red herring for actually addressing unemployment–or, if you want to give them the benefit of the doubt, the credit crunch and failures of conventional monetary policy to get us out of the liquidity trap we’re in.

]]> By: RenoDino http://wallstreetpit.com/11548-morgan-stanley-euro-analyst-says-rebound-rally-in-last-stage#comment-74056 RenoDino Mon, 26 Oct 2009 22:57:09 +0000 http://wallstreetpit.com/?p=11548#comment-74056 Right, the Fed is going to tighten as unemployment rockets to 11-13%. Things must look a whole lot different sitting in a European Cafe. Raising interest rates now would also mean every Congressman extant would be adding to that unemployment number next November. This strong dollar crazy talk (Barron's cover story, Larry Kudlow, etc.) needs to stop because it is hysterical, crazy and stupid. Right, the Fed is going to tighten as unemployment rockets to 11-13%. Things must look a whole lot different sitting in a European Cafe. Raising interest rates now would also mean every Congressman extant would be adding to that unemployment number next November. This strong dollar crazy talk (Barron’s cover story, Larry Kudlow, etc.) needs to stop because it is hysterical, crazy and stupid.

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