Grant Lowensohn

#EC134

[Grant Lowensohn @G_lowecon]

Discover great free apps and get rewarded with gift cards! https://t.co/btFyHkqfeI via @freemyapps

[Grant Lowensohn @G_lowecon]

Grab Super Lemonade Factory Part Two for Windows by @initials_games http://t.co/kxgLsjWC4j

[Grant Lowensohn @G_lowecon]

Washington Post: Why the first-quarter GDP may get even uglier http://t.co/s9sCOWtoNW #ec134 #recession #GDP

[Grant Lowensohn @G_lowecon]

Bloomburg:Fed’s Evans Calls on Fiscal Policy Makers to Help Boost Growth http://t.co/hX9jnUmDLm #ec134 #fiscalpolicy

[Grant Lowensohn @G_lowecon]

Lowering taxes without decreasing govt spending will lead people to just save #ec134

[Grant Lowensohn @G_lowecon]

"Stimulating economy with monetary policy doesn't do anything to unemployment" #classicaldichotomy #m4n

[Grant Lowensohn @G_lowecon]

Japan collapse in 1989 shows trouble with housing bubble #m4n

[Grant Lowensohn @G_lowecon]

Breton woods system failed because US printed too much money to back it with gold #m4n

[Grant Lowensohn @G_lowecon]

The great depression was caused partly from banks closing rapidly #m4n

[Grant Lowensohn @G_lowecon]

The fed kept the interest rate too low for too long #m4n

[Grant Lowensohn @G_lowecon]

Stimulatory monetary policy increases money supply, decreases interest rate, and increases aggregate demand #ec134

[Grant Lowensohn @G_lowecon]

2008 recession was caused by 2002 rising house prices, sub prime borrowers, and securitization of mortgages. #ec134

[Grant Lowensohn @G_lowecon]

Economic fluctuations are irregular and unpredictable, and a recession is two consecutive quarters with negative GDP growth #ec134

[Bobby Donohue @RJD_134]

"the only way to rebuild trust is to control spending and rebuild faith in the monetary system" #EC134

[Grant Lowensohn @G_lowecon]

Ricardo Reis, Columbia #EC134

[Grant Lowensohn @G_lowecon]

If a government continually prints currency, they induce hyperinflation #ec134

[Grant Lowensohn @G_lowecon]

The fed can increase or decrease the money supply by buying or selling US govt. bonds #ec134

[Bobby Donohue @RJD_134]

It's the Fed's responsibility to ensure market health and control money supply #ec134

[Conor B @NinjaCbruen]

Fractional reserve system: only a fraction of deposits are held as reserves. The rest are loaned out #EC134

[Grant Lowensohn @G_lowecon]

Money multiplier is based on the reserve rate #ec134