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Debate House Prices


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Fed vs BoE vs ECB

The Fed is right to focus on providing liquidity

http://www.ft.com/cms/s/0/994b66ba-7820-11dd-acc3-0000779fd18c.html

Though I have been pointing to the fact that BoE is not doing enough - here is an article by an UBS (Used to Be Smart) analyst.

You are welcome to criticize it.

" As Hawtrey argued, “it is after depression and unemployment have subsided that inflation become dangerous”, if at all."
Recession - if you are forced to drink beer at your home.
Depression - if you have no beer to drink at all!
I don't see any of the above - so where is it (recession)?
This discussion has been closed.
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