Normal
facepalm.jpg..did you expect the non labour force to decrease over a period of 40 years when the population increased? Do you even understand the numbers and what they represent? This is the participation rate for the US:PR= LF/Total working age Populationand what im saying is the natural decrease as was the natural increase prior is largely attributable to age demographics.. Now youve showed me a chart where unemployment rate (Unemployed/LF) has been reducing, which is exactly the plan of the Fed, Bernanke has largely abandoned inflation/price targeting more for economic central planning.. which is bad long term, and imo quite different from the practices of our own RBA (acknowledgement of imperfect knowledge/unintended consequences)The problem isnt so much reluctantly raising rates its having to raise rates and game the market whilst slowly offloading all its long end treasury exposures.. I have large doubts
facepalm.jpg..
did you expect the non labour force to decrease over a period of 40 years when the population increased? Do you even understand the numbers and what they represent? This is the participation rate for the US:
PR= LF/Total working age Population
and what im saying is the natural decrease as was the natural increase prior is largely attributable to age demographics.. Now youve showed me a chart where unemployment rate (Unemployed/LF) has been reducing, which is exactly the plan of the Fed, Bernanke has largely abandoned inflation/price targeting more for economic central planning.. which is bad long term, and imo quite different from the practices of our own RBA (acknowledgement of imperfect knowledge/unintended consequences)
The problem isnt so much reluctantly raising rates its having to raise rates and game the market whilst slowly offloading all its long end treasury exposures.. I have large doubts
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