tag:blogger.com,1999:blog-11719208.post2852422812709591195..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: BIS Chief Economist William White channels his inner-AustrianTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11719208.post-67776900557425261672009-09-15T10:02:08.418-07:002009-09-15T10:02:08.418-07:00One thing that really bothers me is how government...One thing that really bothers me is how government and business leaders are always calling for GROWTH, as though it is an absolute necessity for mankind. How abou STABILITY? Wouldn't the economy tend to be more stable if the goal were STABILITY?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-33626629232372261892008-07-02T06:35:00.000-07:002008-07-02T06:35:00.000-07:00Mr White writes awfully well for an economist; ind...Mr White writes awfully well for an economist; indeed, for any sort of bigwig. I checked; he's Canadian.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-53019994724411278972008-07-01T21:54:00.000-07:002008-07-01T21:54:00.000-07:00Don't know if this is 'on target' at all but...'I'...Don't know if this is 'on target' at all but...<BR><BR>'<BR/><BR/>I've got a nephew who works at a large brokerage firm who swears that the 'Bear' transaction was not a 'bailout' - this very large firm contends that the fact that the owners were dislodged from control is the one and only necessary signifying factor that this was not a bailout - regardless of 'everything else' that occured at the time, even Fed guaranteess ( which is really tax-payer guaranteees ) - Methinks my nephew is sick.<BR/><BR/>Oh yeah, closer central bank monitoring of shadow banking will definitely make for less shadow banking in the future. : ) <BR/><BR/>maybe<BR/><BR/>cheers,Danhttps://www.blogger.com/profile/14611189349119964821noreply@blogger.com