Friday, September 6, 2019

August Jobs Numbers

Comment:

These aren't recession-like numbers.   What can explain the negative interest rates in certain countries?  Could it be flawed economic policies that restrict growth, and thus require hyper monetary stimulus?  Hyper monetary stimulus can explain negative interest rates.

But where's the inflation?  There should be inflation.  Something needs to explain this because monetary theory does not.  Or perhaps I am missing something.

The inverted yield curve would only be significant, in my opinion, if there was deflation.  That hasn't appeared in the statistics in the US, but what about other countries?



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