The Fed, interest rates, and reducing poverty

Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.

The Something Awful Forums > Discussion > Debate & Discussion > The Fed, interest rates, and reducing poverty

Junior G-man: Sep 15, 2004; Wrapped in a mystery, inside an enigma

JeffersonClay posted:

The most effective contemporary policy choice to reduce poverty is low interest rates, because it works, and because the Republican congress can't do poo poo about it.

I dunno, the ECB has been keeping interest rates on the floor for years now (I think it's 0.05% now) and it doesn't seem to be doing much.

Then again, the ECB isn't a central bank.

# ¿ Jul 28, 2015 14:13

Adbot: ADBOT LOVES YOU

# ¿ Apr 29, 2024 15:10

The Something Awful Forums > Discussion > Debate & Discussion > The Fed, interest rates, and reducing poverty