a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by aeromill
aeromill  ·  3477 days ago  ·  link  ·    ·  parent  ·  post: Stocks Off Sharply as Market Upheaval Grows

Remember that the stock market is not a good indicator of the state of the economy. The economy is actually starting to pick up more or less. But if was really that bad they still have the RRR (required reserve ratio) that they can change that lets banks lend out more of the money they own.





crafty  ·  3477 days ago  ·  link  ·  

That's a good point. My simplistic understanding of the economy misses quite a bit, as my following of economic news pretty much consists of "hmm stocks went up! ooh stocks went down!"