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Re: RIP Jimmy Carter (Off Topic)

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On 2024-12-30 21:23, rbowman wrote:
> On Mon, 30 Dec 2024 15:29:52 -0500, Andrzej Matuch wrote:
> 
>> I appreciate the additional context. I had no idea about most of this.
> 
> Jimmy had some bad ideas but he also had his share of bad lucky. When he
> set out to rescue the hostages in Iran who would have thought the finest
> US helicopters don't work in sandy conditions.
> 
> He did appoint Volcker which took some courage.
> 
> https://www.stlouisfed.org/publications/regional-economist/january-2005/
> volckers-handling-of-the-great-inflation-taught-us-much
> 
> That was a rough era. It was difficult to pitch any capital improvement
> when a company could get a better return on money by putting it in the
> bank than any realist ROI could show. I hope the Fed doesn't come down
> with a bad case of cowardice and cook the figures to justify easing money
> again.

After watching The Big Short (which I recommend wholeheartedly) and 
knowing that those practices haven't been stopped, I am weary of the 
idea of putting money in an American bank.

-- 
Andrzej (Andre) Matuch
Telegram: @AndrzejMatuch
Zephyrus G14 GA401QM on Fedora 41
KDE supporting member

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RIP Jimmy Carter (Off Topic) RonB <ronb02NOSPAM@gmail.com> - 2024-12-30 07:14 +0000
  Re: RIP Jimmy Carter (Off Topic) chrisv <chrisv@nospam.invalid> - 2024-12-30 07:14 -0600
  Re: RIP Jimmy Carter (Off Topic) Andrzej Matuch <andrzej@matu.ch> - 2024-12-30 10:06 -0500
    Re: RIP Jimmy Carter (Off Topic) rbowman <bowman@montana.com> - 2024-12-30 18:56 +0000
      Re: RIP Jimmy Carter (Off Topic) % <pursent100@gmail.com> - 2024-12-30 11:58 -0700
      Re: RIP Jimmy Carter (Off Topic) Andrzej Matuch <andrzej@matu.ch> - 2024-12-30 15:29 -0500
        Re: RIP Jimmy Carter (Off Topic) rbowman <bowman@montana.com> - 2024-12-31 02:23 +0000
          Re: RIP Jimmy Carter (Off Topic) Andrzej Matuch <andrzej@matu.ch> - 2024-12-31 08:36 -0500
          Re: RIP Jimmy Carter (Off Topic) Physfitfreak <physfitfreak@gmail.com> - 2024-12-31 23:09 -0600
    Re: RIP Jimmy Carter (Off Topic) RonB <ronb02NOSPAM@gmail.com> - 2024-12-31 07:31 +0000

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