Roubini Comments on ZIRP
Nouriel Roubini’s comments on zero-interest-rate-policy (ZIRP) this week were interesting. If you haven’t signed up for his site yet, do so now. I think it’s still free, but don’t expect that to last long. Roubini was one of the earliest to call the credit crisis, and he’s absolutely worth listening to. Everyone may not agree with his suggestions for fixing the mess, but then again, most of us didn’t see this coming like he did.
By the way, it’s worth registering just to read the comments on his site. It’s an eclectic mix of goldbugs, bulls, apocalyptic gun & butter hoarders, academics, and other colorful characters. This gem was posted by user Capone:
the more things change the more they stay the same… maybe Farmer Bob and Farmer Bill should offer shares in the physical corn stored on their farms to local folks for REAL, TRUE, PURE retirement savings and skip the entire scandal the Fed, Wall Street and global banking system have become altogether
i have started my search for a job at a commodity company today whether it be an investment firm or producer. either way, it is the place to be over the next decades… i can’t believe after all of these years. I REALLY truly want to be a “bean counter.” The term has lost its negative bias and gained a bright shiny new spin… ha ha