Chapter 244 Passing the Danger Level
The economy has its own rules, and too much administrative intervention is useless except to add fuel to the fire, and at this point, there is no reason why the guys at the Mi Fed should not know.
However, knowing is one thing, and what strategy to adopt is actually another.
Of course, William White's current mentality can only be described as shameless.
Yes, after so many years of noisy noise, mainstream economists have come to a surprising view that it is actually a mistake to say that the government's initiative to puncture the bubble is actually a mistake.
If it rises more, it will fall, and if it falls more, it will rise, and if the economy is like this, so will the securities market. In the absence of further intervention, the automatic repair of the market mechanism is much more efficient.
Unfortunately, the Chicago School has been hit hard by the Asian financial crisis. The world is moving from one extreme to another.
The most ironic point is that Peanuton, who was still clamoring for not being able to intervene in the market, suddenly suffered from collective amnesia. Under the puffing of this group of idle little hands, the United States began to embrace Keynesianism.
Interest rate hikes, the economy is overheating, once it doesn't work, twice. With higher taxes, the rich need to take on more social responsibility. It is really unacceptable that the welfare system of the United States is not ranked among the developed countries.
"Damn, it's so thrilling, it's just a little bit off. Old Ke, this is over, right?"
"Tsk, this game is really thrilling, I don't know how to control it, if it really collapses, God knows how it will end. "Lao Ke's impeachment, the result of the vote came out today, although everyone expected it, but they were also taken aback by this result.
Nima, only narrowly passed. Needless to say, how unpopular this guy is.
"Hehe, did you see it just now, Lao Ke's face turned blue. ”
William White had little interest in Jason Gao's bad taste. He always had a feeling that it might be a warning.
What's that, Lao Ke, take it easy, don't think that if you pass the test this time, you can turn your face ruthlessly. If you do it again, may you have the good luck of doing the same.
Jason Gao is having fun, and he will casually YY Lao Ke's intern. William White's heart was much heavier, and there was more and more evidence that there was indeed a dishonest hand in the secret.
If you examine the history of the United States, you will find that since the time of Lincoln, there has been a mysterious force that has constantly influenced the foreign policy of the United States.
So, sometimes knowing too much is not necessarily a good thing. For William White, it was impossible to become a marionette. He was also extremely tired of the uncontrollable forces.
However, the more you know, the more you will know the need for forbearance. When the arrows are not fired, it may be a deterrent to both sides.
"Alas, Jason, don't talk about this, the main thing for you to go to this book this time is one thing.
The Federal Reserve has strong expectations for interest rate hikes, and in desperation, credit here in the country will fall. ”
"Ahem, boss, if you need to change positions, it's going to be a huge loan. ”
"Well, Xiao Yueben's money, don't borrow it for nothing. You don't have to be too humble and borrow money from them, that's to save face. ”
"Hey, hey, I know the boss, don't worry, there won't be any problems. ”
Of course, Jason Gao would not have known that with NATO's eastward expansion, the Balkans, which had been relatively nonexistent, began to be chaotic again.
The mustache said that here are hemorrhoids in Europe. Ahem, well, there's a clear discriminatory overtone to it, and it's really inappropriate to say that.
However, the powder keg of Europe is well deserved.
Maozi finished the calf, which broke the previous balance. If you look at Africa right now, you can see that all the words are about how to do it for the people. In fact, all they care about is their own interests.
Looking at the somewhat depressed old Ke opposite, Argor was even more depressed. Nima, you've survived, what about me, you're treating me as a pick-up man!
Nima, this damn position, is it up for grabs?
Don't think this guy is hypocritical, but it's not. Lao Ke's victory was actually an accident, and it was precisely because of this accident that he had very few constraints.
It's a pity that in the next time, even if he can succeed in succession, it is impossible for him to fly freely.
What, Lao Ke is Lao Ke, Gore is Gore, is it necessary to compare?
Ahem, the problem is, you inherited someone else's political legacy, so it can't be said that it's okay. Lao Ke is a rookie, and he Algor is a family scholar, so there are twists and turns in this, how can there be no reason not to understand.
"Mr. President, the next step is to have a good communication with Europe.
To be honest, the intention this time is too obvious, if it causes a fierce backlash...... "Al is not going to say it, Nima, will I become persona non grata when the friends have a meeting next."
So, this guy is still a gentleman. You see, it's all like that, it's still the same as always.
I'm a hooligan, I'm afraid of whom, if you don't have such a mentality, at most you will be a senior staff. To be able to climb to that position, a thick face and a black heart are just a necessary skill.
"Well, I know Al, and I can only communicate as much as I can.
By the way, yesterday Greenspan told me that raising interest rates is a must, and a lot of money is pouring into the country, and if it is not channeled in time, it will be a catastrophic bubble. ”
"Hmph, this bastard, he said bubbles years ago. If you don't want inflation, you should control the amount of money issued.
I can't think of any other way to play this game than to increase the national debt by a large margin. ”
Rather than say that the level is different, Argor made the problem clear in a few simple words. The next time is a serious fiscal deficit.
You see, the Star Wars program costs money, and the health care reform they do here also requires money. These two big pits, which are invisible and low, do not know how to fill them at all.
However, it is useless to understand it, and the wheels rolling forward can no longer be stopped. Any force that tries to stop it will be easily crushed into slag.
"Al, the high deficit seems to be irretrievable.
What do you think if you tax those rich people?"
Argor rolled his eyes wildly, he wanted to scold his mother now. Nima, can you not have a bad idea? Do you know that any attempt to increase taxes on the rich is heretical in this country.
Starting from the Mayflower, this is the most basic value of the United States. The so-called dishes need to be avoided.
You bastard, a bunch of us, are looking for the New World just to avoid John Bull's exorbitant taxes. So from the very beginning, the powers and responsibilities of the government were limited.
Why do you think that's going to be?
Is the dish boiled?
It's ridiculous, the rich don't want to pay more taxes, so they naturally need to limit their rights. This matter is in the end, isn't it just a war against each other?
If the Southern farmer was willing to pay taxes, he Lincoln was not stupid.13 Fight a war, don't you need a dead man to fight?
"Bill, that's not a good idea. Capital gains tax, which is simply untouchable.
As for the rest, it will restrict consumption. Wealthy people buy one less luxury yacht, for them, it may not be a big deal at all.
Because they don't sell luxury goods, we lose tax revenues, and there is nowhere to make up for them. ”
For Lao Ke's whimsy, he must correct it. What, you're almost a lame duck, can you stop giving me trouble.
Well, not necessarily me, isn't that a great chance?