tag:blogger.com,1999:blog-4979477022008569617.post4985954909447942832..comments2023-05-02T06:38:35.510-07:00Comments on Roger Farmer's Economic Window: Does the Economy Ruin the Stock Market or Does the Stock Market Ruin the Economy?Roger Farmerhttp://www.blogger.com/profile/05213844698773859392noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4979477022008569617.post-789795553970488382016-02-12T06:38:33.977-08:002016-02-12T06:38:33.977-08:00Did your book foresee the current crises in asset ...Did your book foresee the current crises in asset markets?<br /><br />Like your book, my book "Macroeconomics Redefined" published in June 2015 also relates recessions to the stock market or other asset market crashes that precede them.<br /><br />In addition it predicted the current stock market fall and coming crash. This is what it said: "Fig 2.13 shows that in January 2015 the Y-o-Y growth of MC [Corrected Money Supply] was 7.4% and falling steadily. If it falls at the same rate it should be firmly in negative territory a year from now. If the past is any guide to the future, we can expect a collapse in one or more financial markets and a recession."Philiphttps://www.blogger.com/profile/16538860062019540619noreply@blogger.comtag:blogger.com,1999:blog-4979477022008569617.post-51896876967143408322016-02-11T11:20:18.851-08:002016-02-11T11:20:18.851-08:00O/T: Roger, what's your view of intertemporal ...O/T: Roger, what's your view of intertemporal budget constraints? Do you agree with <a href="https://uneasymoney.com/2016/02/09/there-is-no-intertemporal-budget-constraint/" rel="nofollow">David Glasner here in his latest post</a> (and also about his views on microfoundations)?<br />Tom Brownhttps://www.blogger.com/profile/17654184190478330946noreply@blogger.com