Our next recession will be because of the failings of the economies in Europe and other parts of the globe. The stronger our economy is when the downturn begins the shorter and shallower the recession will be for us. If one of the GND-committed candidates wins and actually implements the promised policies we will be in a prolonged depression.
The Fed has the tools to keep our economy growing and inflation/stagflation in check and should not be tampered with by narcissist demi-gods.
" …
Manipulating Interest Rates
The first tool used by the Fed, as well as central banks around the world, is the manipulation of short-term interest rates. Put simply, this practice involves raising/lowering interest rates to slow/spur economic activity and control inflation.
The mechanics are relatively simple. By lowering interest rates, it becomes cheaper to borrow money and less lucrative to save, encouraging individuals and corporations to spend. So, as interest rates are lowered, savings decline, more money is borrowed, and more money is spent. Moreover, as borrowing increases, the total supply of money in the economy increases. So the end result of lowering interest rates is fewer savings, more money supply, more spending, and higher overall economic activity – a good side effect.
On the other hand, lowering interest rates also tend to increase inflation. This is a negative side effect because the total supply of goods and services is essentially finite in the short term – and with more dollars chasing that finite set of products, prices go up. If inflation gets too high, then all sorts of unpleasant things happen to the economy. Therefore, the trick with interest rate manipulation is not to overdo it and inadvertently create spiraling inflation. This is easier said than done, but although this form of monetary policy is imperfect, it’s still better than no action at all.
Meh~tdology, fka Pepelaputr almost 5 years ago
Can’t we just Carbon-freeze Donnie and display him as a bad example?
Gary Williams Premium Member almost 5 years ago
predictions are it will hit in full force 2021 when even if he wins the election it will not hurt him.
Masterskrain almost 5 years ago
Yes, he’s really THIS FU**ING STUPID!!!!!
mourdac Premium Member almost 5 years ago
I am amazed at your graphics talents, KAL, and how you combine it into such a masterful political strip (subject, dialogue, etc.).
guyjen2004 Premium Member almost 5 years ago
Our next recession will be because of the failings of the economies in Europe and other parts of the globe. The stronger our economy is when the downturn begins the shorter and shallower the recession will be for us. If one of the GND-committed candidates wins and actually implements the promised policies we will be in a prolonged depression.
superposition almost 5 years ago
The Fed has the tools to keep our economy growing and inflation/stagflation in check and should not be tampered with by narcissist demi-gods.
" …
Manipulating Interest Rates
The first tool used by the Fed, as well as central banks around the world, is the manipulation of short-term interest rates. Put simply, this practice involves raising/lowering interest rates to slow/spur economic activity and control inflation.
The mechanics are relatively simple. By lowering interest rates, it becomes cheaper to borrow money and less lucrative to save, encouraging individuals and corporations to spend. So, as interest rates are lowered, savings decline, more money is borrowed, and more money is spent. Moreover, as borrowing increases, the total supply of money in the economy increases. So the end result of lowering interest rates is fewer savings, more money supply, more spending, and higher overall economic activity – a good side effect.
On the other hand, lowering interest rates also tend to increase inflation. This is a negative side effect because the total supply of goods and services is essentially finite in the short term – and with more dollars chasing that finite set of products, prices go up. If inflation gets too high, then all sorts of unpleasant things happen to the economy. Therefore, the trick with interest rate manipulation is not to overdo it and inadvertently create spiraling inflation. This is easier said than done, but although this form of monetary policy is imperfect, it’s still better than no action at all.
…"
https://www.investopedia.com/articles/economics/08/monetary-policy-recession.asp
Monchoxyz almost 5 years ago
And it would not be his fault.
Spock almost 5 years ago
It would make a nice story if the “king” of Greenland came to negotiate a merger, upon condition that they would split presidential powers 50:50.
readfred almost 5 years ago
Kal is one hell of a great artist.
kentmarx36 almost 5 years ago
Hey Nitwit! Beware the Winter of our Discontent. The RepubliCON party is even better than you at abandoning a sinking ship.
gopher gofer almost 5 years ago
it’s okay, they’re white walkers…