Welcome to Political Irish

We believe in free legal speech, fair play and good discussion. Sign up and join in!

Register Log in

Hot Brendan Keenan's "Bleak Omens" for Europe!

Are you glad that this Economics Thread is the Biggest Thread of all on P.irish?


  • Total voters
    63
OP
Dublin 4

Dublin 4

DEPORTED
Donator
PI Member
Premium
Joined
Nov 21, 2015
Messages
27,343
Likes
19,600
Location
Brexmanship

1572024508775.png
 
OP
Dublin 4

Dublin 4

DEPORTED
Donator
PI Member
Premium
Joined
Nov 21, 2015
Messages
27,343
Likes
19,600
Location
Brexmanship

bells of shandon

PI Member
Joined
Jun 13, 2019
Messages
1,893
Likes
6,043
Mario Draghi has emptied his locker of Monetary manipulations and QE and still the EU Economies are mired in recession.
Monetary Policy enables low interest rates.
No matter how low interest rates ,If there is no business confidence, there will be little borrowing. Monetary Policy is a failure.
The solution to the problem of a stagnating economy is Direct Fiscal Intervention, into infrastructure and Productive Industry.
This creates employment and money filters into all sectors of the economy and stimulates economic activity.
 
Top Bottom