Fed doesn't dictate the fed funds rate, they target it through open market operations. Set the target at 0-.25, and if the rate starts to approach .25 they buy bonds to increase price and lower yields.
Speaker also misses the very real point that one man's borrowing requires another man's savings, at least if you want the borrowing to be anything but expansion of the nominal money supply.
There can be negative interest rates, in fact, we have them now. Whenever the interest rate falls below the rate of inflation, real interest rates are negative. If anyone reads this and thinks the real inflation rate is below 25 basis points, please call me, I have a slightly used bridge for sale, not to mention ocean front property in Montana I want to get rid of.
i think douglas french is actually a really good speaker, he makes the topic really easy to understand. But I agree that he needs to exercise and lose some weight because he looks a little chubby.
@peterrehak1 He should consult his doctor for a check up and if all is well,start slowly from there.Maybe there is something else in the background as evidenced by the shaking but being that short of breath while speaking is not a good sign.
oh look two commies hate this vid. im sick and tired of all this bullshit. the government was always supposed to be small because it would mean a lack of corruption and bad policies etc.
Great speech, he really explained it in a very simple way, really in a sense as a comparison to the same failure of price controls. Government's greatest weakness is that it forces everyone to comply; the fact that diversity and freedom of choice could be a better thing never seems to be a thought.
In the past we had communists,,, Ignorant fools believing that they can make lives betters for everybody else. Now we have Central Banker,,, equally ignorant and stupid,,, doing the same thing over again...
thanks.
makeiteasyable 2 months ago
Why is Douglas always shaking when he speaks?
FireGuyX 6 months ago
Fed doesn't dictate the fed funds rate, they target it through open market operations. Set the target at 0-.25, and if the rate starts to approach .25 they buy bonds to increase price and lower yields.
Speaker also misses the very real point that one man's borrowing requires another man's savings, at least if you want the borrowing to be anything but expansion of the nominal money supply.
joshb6206 7 months ago
There can be negative interest rates, in fact, we have them now. Whenever the interest rate falls below the rate of inflation, real interest rates are negative. If anyone reads this and thinks the real inflation rate is below 25 basis points, please call me, I have a slightly used bridge for sale, not to mention ocean front property in Montana I want to get rid of.
christo930 7 months ago
i think douglas french is actually a really good speaker, he makes the topic really easy to understand. But I agree that he needs to exercise and lose some weight because he looks a little chubby.
RingWarrior12 7 months ago
Doug French is a heart attack waiting to happen
jonnyy40 7 months ago 2
@jonnyy40 please pay doug some presentation course and 1 year pass to gym, u will do a great leap forward in advancing austrian cause
peterrehak1 7 months ago
@peterrehak1 He should consult his doctor for a check up and if all is well,start slowly from there.Maybe there is something else in the background as evidenced by the shaking but being that short of breath while speaking is not a good sign.
jonnyy40 7 months ago
@jonnyy40 All the signs point to being nervous. Shaking, short breath, red face, watering eyes. Not a comfortable public speaker
sync0s 7 months ago
so easy to understand.
BachGuitar3 7 months ago
oh look two commies hate this vid. im sick and tired of all this bullshit. the government was always supposed to be small because it would mean a lack of corruption and bad policies etc.
ghostlysniperx 7 months ago
Scary that keynesians are in power destroying capital.
Esoparagon 7 months ago
Great speech, he really explained it in a very simple way, really in a sense as a comparison to the same failure of price controls. Government's greatest weakness is that it forces everyone to comply; the fact that diversity and freedom of choice could be a better thing never seems to be a thought.
RKAddict101 8 months ago 2
I like the goatee, Mr. French!
aretlev 8 months ago 3
Glad I got gold. You can always count on big governments to make fiat money worth less.
Solverwiz 8 months ago
In the past we had communists,,, Ignorant fools believing that they can make lives betters for everybody else. Now we have Central Banker,,, equally ignorant and stupid,,, doing the same thing over again...
bjarnet3 8 months ago 16
Is misesmedia uploading every single one of these types of speeches? I really enjoy them and want more.
dmt257 8 months ago 30
Interesting speech. Thx 4ever uploading.
87solarsky 8 months ago