/biz/ - Business & Finance

>>51121857

>jackson hole on Friday
>*ahem* *clears throat*
>Ladies and Gentlemen...I have an announcement to make...please settle down and take your seats
>With immediate effect, I'm raising the Fed Funds rate to 20%

*ahem* Ladies and gentlemen...I'd just like to announce that we'll be increasing the Federal Funds Rate by 1000 basis points with immediate effect

Jay...please...just turn the money printer back on...I'm dying over here

>raises rates by 100 basis points rather than the (((priced in))) 75 basis points
nice gains, kiddo

>deletes your gains from the last 2 years
Just what the fuck is his problem?

>he printed trillions of dollars over the FUCKING FLU and said it wouldn't cause inflation

>100 bps rate hike tomorrow
BRING IT ON JAY JUST CRASH THIS SHIT SO YOU CAN START PRINTING AGAIN

TURN THE FUCKING PRINTER BACK ON JAY!!!

>The Austrian business cycle theory (ABCT) is an economic theory developed by the Austrian School of economics about how business cycles occur.
>The theory views business cycles as the consequence of excessive growth in bank credit due to artificially low interest rates set by a central bank or fractional reserve banks

>The Austrian explanation of the business cycle differs significantly from the mainstream understanding of business cycles and is generally rejected by mainstream economists on both theoretical and empirical grounds

Why the fuck does mainstream economics reject this? It makes sense.

>>/biz/

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