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	<title>Comments on: NFP</title>
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	<description>St Croix, United States Virgin Islands</description>
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		<title>By: Winslow R.</title>
		<link>http://moslereconomics.com/2009/12/04/nfp/comment-page-1/#comment-14303</link>
		<dc:creator>Winslow R.</dc:creator>
		<pubDate>Tue, 08 Dec 2009 16:05:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.moslereconomics.com/?p=9452#comment-14303</guid>
		<description>As lending shifts to spending, interesting stuff starts to happen (just in time for 2010 election cycle). 

Obama preparing new push to add jobs, tackle deficit
DEBATE OVER BAILOUT MONEY
Redirecting TARP funds to small firms proposed
http://www.washingtonpost.com/wp-dyn/content/article/2009/12/07/AR2009120704125.html?wprss=rss_politics

Though I&#039;d think some inflation is what is needed, if we don&#039;t get the spending, Xie could be right about a 2nd collapse as soon as 2012.  Low rates alone just won&#039;t do the job to get the economy moving again, though Xie erroneously seems to think low rates will cause inflation not just in asset prices but in wage/prices.

Bernanke Low Rates â€˜Poisonâ€™ to U.S. Economy, Xie Says (Update1) 
http://www.bloomberg.com/apps/news?pid=20601068&amp;sid=aYVuIVpuwo4I</description>
		<content:encoded><![CDATA[<p>As lending shifts to spending, interesting stuff starts to happen (just in time for 2010 election cycle). </p>
<p>Obama preparing new push to add jobs, tackle deficit<br />
DEBATE OVER BAILOUT MONEY<br />
Redirecting TARP funds to small firms proposed<br />
<a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/12/07/AR2009120704125.html?wprss=rss_politics" rel="nofollow">http://www.washingtonpost.com/wp-dyn/content/article/2009/12/07/AR2009120704125.html?wprss=rss_politics</a></p>
<p>Though I&#8217;d think some inflation is what is needed, if we don&#8217;t get the spending, Xie could be right about a 2nd collapse as soon as 2012.  Low rates alone just won&#8217;t do the job to get the economy moving again, though Xie erroneously seems to think low rates will cause inflation not just in asset prices but in wage/prices.</p>
<p>Bernanke Low Rates â€˜Poisonâ€™ to U.S. Economy, Xie Says (Update1)<br />
<a href="http://www.bloomberg.com/apps/news?pid=20601068&#038;sid=aYVuIVpuwo4I" rel="nofollow">http://www.bloomberg.com/apps/news?pid=20601068&#038;sid=aYVuIVpuwo4I</a></p>
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