I'm no Michael Moore fan but...

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glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
I sincerely don't know what to say other than holy shit you're incredibly ignorant about economics. You are also repeatedly confusing the real rate of interest with the fed funds rate. Your scatter is the second time you've done this. Why are you linking images you don't understand? Furthermore, your fed funds rate chart is incredibly misleading as every chart uses a different scale. Reagan looks no different than anyone else despite the cut in rates being many times larger than what other people experienced.

I just want to be clear on this so please don't ignore it again. By saying all else being equal, that lowering interest rates does not increase GDP growth you are claiming that the entire basis for Federal Reserve policy and that basically the entire field of modern macroeconomics when it comes to monetary policy is wrong. This is a breathtaking claim that I've asked you repeatedly to provide empirical research to back up. So far you haven't provided anything other than misleading charts that you don't appear to understand. Why? I can provide you with as much research on the topic as you require so let me know.

By the way if you are right you can literally make billions in the markets with this as a basis for your investment strategy. This is not a joke. A relationship between the fed funds rate and economic growth is almost certainly a part of most trading models. You would wipe the floor with them.

As a quick primer though please feel free to read this explainer on the fed funds rate.

http://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp

Yeah, it increases GDP growth. Except for when it doesn't. Which has been more often than it actually has over the last 3 decades. Which you continue to constantly ignore.
 

agent00f

Lifer
Jun 9, 2016
12,203
1,243
86
Yeah, it increases GDP growth. Except for when it doesn't. Which has been more often than it actually has over the last 3 decades. Which you continue to constantly ignore.

Let's consider the basic first principles of GDP, as gross money activity/spending. Spending esp for growth is largely predicated on availability of funds and a stable economic enviro, ie. you can't/won't spend if you don't have the money and the outlook is bad. In actual business plans & such since you've evidently never seen any, these are the primary financial considerations, with possible marginal tax changes on profits tertiary at best. At the start of the 80's, the outlook resulting from the oil crisis was the main concern, which is what volcker addressed first.

It's pretty evident you don't actually know anything about economic or business or demonstrably anything else other than reciting blogs written for easily misled dummies.
 

fskimospy

Elite Member
Mar 10, 2006
87,964
55,355
136
Yeah, it increases GDP growth. Except for when it doesn't. Which has been more often than it actually has over the last 3 decades. Which you continue to constantly ignore.

So again, will you acknowledge that you are saying that you know better than the federal reserve as to the effects of their policy? Can you address this point?

I will once again recommend that you quit your current job as you can make billions as a fund manager.
 

evident

Lifer
Apr 5, 2005
12,130
749
126
I agree, its OK to make a Political film, its OK for that film to be partisan however to me its not OK to make a partisan film and air it right before the election. This applies to both sides.

I remember receiving some anti muslim dvd's in the mail prior to the 2008 election, that sort of insinuated that obama was a muslim terrorist.
 

sportage

Lifer
Feb 1, 2008
11,492
3,163
136
I got this Moore thing off of iTunes for $5 and it is funny as hell.
And for those Trump people, you will also laugh your ass off.
Moore goes thru the different generations to start off.
Men, women, millennials, minorities, it's all great.
The audience is a mix of Trump lovers, Hillary haters, Hillary lovers, Trump haters, and everything in between.
Very entertaining.
Trump starts off by making an excellent case for Donald Trump. The Trump supporters in the crowd cringe waiting for Moore to twist and turn on them but Moore actually makes their case.
Glares of distrust and Moore hate turn into laughter and applause.
The demise of the white man segment is some funny shit.
You can hate Moore all you want but I promise you will laugh your ass off regardless of your politics.

Best $5 I ever spent on iTunes.