Create Account

Jacksonville Jaguars Fan Forums Other Stuff Political Talk 3rd Quarter GDP Estimate: Rises To Whopping 4.6%


The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
3rd Quarter GDP Estimate: Rises To Whopping 4.6%

  • Offline flsprtsgod
    GOAT-erator

  • *****
  • Posts: 38,541
    Threads: 159
    Joined: May 2009
    Reputation: 1,283
#90
09-07-2018, 02:17 PM

(09-07-2018, 09:19 AM)mikesez Wrote:
(09-07-2018, 01:46 AM)jj82284 Wrote: You're absolutely right.  You don't hear about the recession and recovery under Coolidge.  Why?  Because he didn't misuse fiscal policy and TURN IT INTO a depression like subsequent administrations.  

And frankly the general establishment of a currency doesn't require an all powerful central banking institution to try and play God with the economy.  

The federal reserve was chartered to promote full employment discourage panics and manage the money supply.  The countries stability in ALL THREE AREAS has been worse under the federal reserve system including the two biggest recessions in the countries history.

If you could send me an article about this Coolidge panic that almost happened but didnt, that would be great.

I think he's referring to the Depression of 1920 under Harding when Coolidge was the Veep. Harding's response in 1920 and '21 (laissez-faire combined with rapid government downsizing) should be the model for almost all downturns, but the morons in power think they can fix it with just the right nudges and tweaks.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

Reply


Messages In This Thread
RE: 3rd Quarter GDP Estimate: Rises To Whopping 4.6% - by flsprtsgod - 09-07-2018, 02:17 PM



Users browsing this thread:
1 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.

Forum software by © MyBB - Theme © iAndrew 2017

ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!