tag:blogger.com,1999:blog-6399730406480392183.post3498948239490319434..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: The Marginal Effectiveness of the Fed's MeddlingA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6399730406480392183.post-14450364634280376282013-09-21T10:40:30.608-03:002013-09-21T10:40:30.608-03:00The reality is that much of what we see on the eco...The reality is that much of what we see on the economic landscape is a mirage, all of us who own businesses would be adding workers if our phone was ringing off the hook or demand existed for our products, but that situation does not exist. Like everyone else in my industry I'm sitting on empty office space and buildings, cutting cost, and waiting for demand to increase. <br /><br />It is heart breaking to see the toll time takes on a empty building. Constructing more new buildings while paying the staggering cost of taxes, insurance, and maintaining a huge supply of empty space makes no sense except to those in government that are not using their own money.<br /><br />Pouring liquidity into the economic system is only helpful up to a certain point then begins to distort markets. Lower interest rates have then same effect but as they become the new normal they tend to lose their ability to push us forward and the cost they place on "savers" far outweighs their benefits. QE is not the answer and this will not end well or soon.<br /><br />http://brucewilds.blogspot.com/2012/01/mess-that-is-built-to-linger.htmlBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.com