Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (798778)	8/1/2014 6:31:26 PM
From: PKRBKR	Read Replies (1) of 1583504

It'll likely be a repeat of the 1970's. No way. Unless we highly incentivize employment via business tax cuts there will be too much slack in the job market preventing any upward wage pressure. Without that any inflationary trend will be stifled near the outset. Jobs are just too easy to offshore these days so we're all stuck. I think we'll be stuck in this zero interest rate environment for years. Once the Fed goes above zero the reaction will be swift and the economy will tank and back comes QE. If I'm wrong at least the Fed knows how to kill inflation with high rates.

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