July 12, 2003, 14:44
|
#91
|
Emperor
Local Time: 07:31
Local Date: November 2, 2010
Join Date: Dec 1969
Location: Antwerp, Colon's Chocolate Canard Country
Posts: 6,511
|
Quote:
|
Originally posted by Kidicious
Does the ECB even keep track of the economic growth of the EU? I can't find the stats at their website.
|
You can't find any GDP stats at the Fed's site either.
|
|
|
|
July 12, 2003, 14:52
|
#92
|
Deity
Local Time: 21:31
Local Date: November 1, 2010
Join Date: Mar 2003
Posts: 12,628
|
Quote:
|
Originally posted by Colon
And as I've told you over and over again, corporate bond rates and govt bond rates are lower in the Eurozone than in the US. Obviously there are other factors.
|
There is no point in comparing the two. The optimal rate is different in the two economies.
Quote:
|
Originally posted by Colon
Quote:
|
Another point is that you can have a larger money supply with a smaller output and not have inflation. When people start spending you can decrease the money supply.
|
Rephrase please.
|
You can also raise rates to prevent inflation when the economy starts to grow again. So the money supply doesn't necessarily cause inflation.
Quote:
|
Originally posted by Colon
Credit availability isn't the sole determinant of growth.
|
Ok, then why not have the banks charge the same interest rate for loans and increase the credit availability. Sorry, that won't work.
__________________
Obedience unlocks understanding. - Rick Warren
1 John 2:3 - ... we know Christ if we obey his commandments. (GWT)
John 14:6 - Jesus said to him, "I am ... the truth." (NKJV)
|
|
|
|
July 12, 2003, 14:54
|
#93
|
Deity
Local Time: 21:31
Local Date: November 1, 2010
Join Date: Mar 2003
Posts: 12,628
|
Quote:
|
Originally posted by Colon
*KUCH*
|
Yes, you have already showed us the growth in the money supply. Unfortunately I have showed you that the increased money supply has not caused you economy to grow.
__________________
Obedience unlocks understanding. - Rick Warren
1 John 2:3 - ... we know Christ if we obey his commandments. (GWT)
John 14:6 - Jesus said to him, "I am ... the truth." (NKJV)
|
|
|
|
July 12, 2003, 14:57
|
#94
|
Emperor
Local Time: 07:31
Local Date: November 2, 2010
Join Date: Dec 1969
Location: Antwerp, Colon's Chocolate Canard Country
Posts: 6,511
|
Quote:
|
Originally posted by Kidicious
According to the European Commision the European Union's economy grew by 0.1% in the first quarter. Wow HO, that monetary policy of yours is doing wonders.
|
Doing wonders in getting rid of the excesses properly, instead of shuffling them along.
|
|
|
|
July 12, 2003, 15:08
|
#95
|
Deity
Local Time: 21:31
Local Date: November 1, 2010
Join Date: Mar 2003
Posts: 12,628
|
Quote:
|
Originally posted by Colon
Doing wonders in getting rid of the excesses properly, instead of shuffling them along.
|
Getting rid of excess production
__________________
Obedience unlocks understanding. - Rick Warren
1 John 2:3 - ... we know Christ if we obey his commandments. (GWT)
John 14:6 - Jesus said to him, "I am ... the truth." (NKJV)
|
|
|
|
July 12, 2003, 16:49
|
#96
|
Deity
Local Time: 01:31
Local Date: November 2, 2010
Join Date: Dec 1969
Location: Not your daddy's Benjamins
Posts: 10,737
|
__________________
I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
|
|
|
|
July 12, 2003, 18:24
|
#97
|
Deity
Local Time: 21:31
Local Date: November 1, 2010
Join Date: Mar 2003
Posts: 12,628
|
It helps
__________________
Obedience unlocks understanding. - Rick Warren
1 John 2:3 - ... we know Christ if we obey his commandments. (GWT)
John 14:6 - Jesus said to him, "I am ... the truth." (NKJV)
|
|
|
|
July 12, 2003, 18:47
|
#98
|
Emperor
Local Time: 08:31
Local Date: November 2, 2010
Join Date: Apr 2000
Location: A pub.
Posts: 3,161
|
That goes to my sig, DanS.
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
All times are GMT -4. The time now is 01:31.
|
|