Post by
Torontojay on May 23, 2024 4:05pm
Lower interest rates
Will be restrictive to Corporate America contrary to the belief that lowering rates is accommodative. Another great argument for why recessions tend to occur after they cut interest rates. The money withers away but the interest payments still have to be paid.
Comment by
DZtrader on May 23, 2024 4:39pm
Recessions of course tend to occur after cuts, thats obvious. Not sure I can get onside however with your other comments. Lowering rates is not accomodative, huh? Are you suggesting they are restrictive then?? "Money withers" what? So capex money at 5% is better than at 3%? Why is money withered? If it enables growth how is it withered? Not sure I am getting your drift there.
Comment by
Torontojay on May 23, 2024 6:19pm
First of all, how is it obvious that rate cuts lead to recessions? Before I answer your question please elaborate on this. It wasn't obvious to me until I looked at the data. It is counterintuitive which is why I bring this up frequently to these discussion boards.
Comment by
Torontojay on May 23, 2024 7:02pm
Dz, you lost several debates with me in the past and you will lose another one if you wish to go further. Please stop before you dig yourself in a deeper hole.
Comment by
Torontojay on May 23, 2024 7:31pm
You are very condescending in your posts towards me and others. Your arrogance is palpable. What's that old saying again? Ignorance is bliss.
Comment by
DZtrader on May 23, 2024 7:38pm
You would know, economist!
Comment by
Torontojay on May 23, 2024 7:44pm
You are very immature and your age shows. I cringe every time you argue with Gary.
Comment by
DZtrader on May 23, 2024 7:56pm
"I cringe everytime you argue with Gary".....................................................thought you guys were a little too close. Kinda reminds me of Neil and Bob, if you know what I mean. I'll let yo fellas work out which one is which.
Comment by
ScroogeMcDuck1 on May 23, 2024 8:37pm
Dz condescension and sanctimony is more toxic than Garys understandable frustrations. The replies are worse than the initial posts.
Comment by
Frankie10 on May 23, 2024 10:47pm
DZ is a cool dude - I think he is thoughtful and adds valuable insight to this board. Don't fight guys.