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Ben Csiernik
@RealFinEdwards
I tweet about economics and getting money.
Joined February 2014
6
Following
6
Followers
36
Posts
Ben Csiernik
@RealFinEdwards
about 12 years ago
Government experiences lag during fiscal policy, which is why it appears like government is not moving quickly in recessions.
@ColbyEC134
Ben Csiernik
@RealFinEdwards
about 12 years ago
America continually proves that the 1% always wins.
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
Home ownership and equity protection act could have prevented the 2008 recession if it had been instated earlier.
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
Money for nothing the movie. You pay for the full seat, but you only need the edge!
#M4N
#greenspan
#hero
Ben Csiernik
@RealFinEdwards
about 12 years ago
1980-2000 saw rising economy and relatively low unemployment and low inflation. The two are for the most part related.
#M4N
RealFinEdwards
retweeted
Nicole Donato
@ntdonato
about 12 years ago
The Brettin Woods system: US $ would be based off of the gold standard, and the rest of the world would be based off of the US $
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
Johnson's "great society" concept greatly changed American economic politics.
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
Banks rapidly closing played an enormous roll in the Great Depression.
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
You can't print gold. I'll tell you that for free.
#M4N
#bringbackthegoldreserve
Ben Csiernik
@RealFinEdwards
about 12 years ago
The US got their central banking system idea from the UK.
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
Bank run of 1908 inspired the creation of the fed.
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
"We failed to regulate the most important part of our financial system". Now what you want to hear from the fed.
#M4N
Ben Csiernik
@RealFinEdwards
about 12 years ago
Hyperinflation is bad. This volume situation is worse.
#M4N
RealFinEdwards
retweeted
Kai B. Frankville
@KaiMacroEcon
about 12 years ago
#EC134
would it be a bad thing if the fed temporarily hurt the economy to raise the .25 interest rate? What would be side effects
Ben Csiernik
@RealFinEdwards
about 12 years ago
http://t.co/h6ysIQAHfP. Article in December 2013. Fed now buying less bonds, will reduce increase of money supply.
#EC134
@ColbyEC134
Ben Csiernik
@RealFinEdwards
about 12 years ago
When the fed buys bonds, MS shifts right, real interest goes down, and AD shifts right.
@ColbyEC134
#EC134
#secondtimesthecharm
Ben Csiernik
@RealFinEdwards
about 12 years ago
Big cuts in the interest rate on loans and mortgages had a major role in the start of the 2008 recession.
#EC134
@ColbyEC134
RealFinEdwards
retweeted
Nicole Donato
@ntdonato
about 12 years ago
“
@nytimes
: Looking at Costs and Risks, Many Skip Health Insurance http://t.co/77xrhVj16M” pros and cons of
#insurance
@ColbyEC134
#EC134
Ben Csiernik
@RealFinEdwards
about 12 years ago
The higher the interest rate is, the more costly it is to invest. The demand for loan able funds slows down.
#EC134
@ColbyEC134
Ben Csiernik
@RealFinEdwards
over 12 years ago
Inflation affects employment and real GDP greatly in the short term.
#EC134
@ColbyEC134
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