Wednesday, October 12, 2016

Roger farmers opportunity mirror : equity markets

What do fun house mirrors tell us about  the shape and size we're in?

Look at a screen that mediates your reflection thru a digital manipulator

 A guide to real action ?

Why should equity market management
spur or dampen real investment activity
In productive capacity ?

 Like bond prices and market rates on borrowed funds

These are not effective instruments of macro demand management

Want to regulate the level of output and prices
Manage household spending uncle
Through the vigorous
Of taxation and payment

Borrow funds where needed from your very own currency mine

Move spot prices with tax rebates

Leave secondary asset markets to the funny money boyz