Comments on: Attack of the Zombie Policy http://www.outsidethebeltway.com/archives/attack_of_the_zombie_policy/ Online Journal of Politics and Foreign Affairs Tue, 24 Nov 2009 20:03:01 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: charles austin http://www.outsidethebeltway.com/archives/attack_of_the_zombie_policy/comment-page-1/#comment-760546 charles austin Thu, 29 Jan 2009 16:30:08 +0000 http://www.outsidethebeltway.com/?p=30785#comment-760546 What the hell, why not have negative interest rates if we want to stimulate borrowing! I mean, isn't that the whole point of the stimulus plan and TARP, to get people borrowing again? Who is going to be fooled and for how long by the government buying up its own debt? Remember, it's turtles all the way down... What the hell, why not have negative interest rates if we want to stimulate borrowing! I mean, isn't that the whole point of the stimulus plan and TARP, to get people borrowing again?

Who is going to be fooled and for how long by the government buying up its own debt? Remember, it's turtles all the way down...

]]> By: Dantheman http://www.outsidethebeltway.com/archives/attack_of_the_zombie_policy/comment-page-1/#comment-752535 Dantheman Thu, 29 Jan 2009 02:57:34 +0000 http://www.outsidethebeltway.com/?p=30785#comment-752535 "Um, they can't be serious can they?" I think they are, simply because since the Fed has set its discount rate at 1/4%, there's not much room for it to do any stimulating of the economy through its normal means, by lowering interest rates. On the other hand, maybe they want to test the proposition I've seen countless times in Social Security debates that the Trast Fund is meaningless, since one part of the government can't owe money to another. "Um, they can't be serious can they?"

I think they are, simply because since the Fed has set its discount rate at 1/4%, there's not much room for it to do any stimulating of the economy through its normal means, by lowering interest rates.

On the other hand, maybe they want to test the proposition I've seen countless times in Social Security debates that the Trast Fund is meaningless, since one part of the government can't owe money to another.

]]> By: charles austin http://www.outsidethebeltway.com/archives/attack_of_the_zombie_policy/comment-page-1/#comment-752014 charles austin Thu, 29 Jan 2009 01:47:50 +0000 http://www.outsidethebeltway.com/?p=30785#comment-752014 Did I just read somewhere that the <a href="http://www.bloggingstocks.com/2008/12/01/feds-bernanke-fed-may-buy-treasuries-agency-bonds-to-stimulat/" rel="nofollow">Fed is going to buy up Treasury Notes</a>. Um, they can't be serious can they? Did I just read somewhere that the Fed is going to buy up Treasury Notes. Um, they can't be serious can they?

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