So could YOU run the economy better? Try this and see,,

[toppstuff]

An amusing sideline to the market gloom.

Have a go at this. You can be in charge of interest rates. Move interest rates around and see what impact it has on the economy...

http://www.frbsf.org/education/activities/chairman...

I ended up with rates at 4.25%, inflation at 2.95% and unemployment at 4.2%.

Pretty damn good if say so myself. Darling, out of my way , I'm taking over !

[sa_20v]

Deflation...

[mmm-five]

First attempt playing it seriously ended up with rates at 4.5%, inflation at 2.3% and unemployment at 4.1%.

Second attempt playing it stupidly ended up with rates at 0.0%, inflation at 1.0% and unemployment at 1.5%.

Edited by mmm-five on Tuesday 7th October 10:24

[Saied]

First attempt ended up with:

5.19% unemployment

3.19% inflation

[patmahe]

-Federal funds rate 2.50%

- Unemployment rate 3.89%

- Inflation rate 2.43%

[SystemParanoia]

whoo-hoo!

19% interest, 18.7% unemployment

Brilliant!

lazy sods need to go get jobs and stop blaming the "system"


lol

[shadowninja]

Unemployment rate 1.5%. I rock. Inflation was at 18.85% and rising, mind.

[ACEparts_com]

shadowninja said:

Unemployment rate 1.5%. I rock. Inflation was at 18.85% and rising, mind.

:
If you were gordon brown you would have put your finger over the 18 and ended up with just .85% : low inflation, low unempoyment, no more return to boom an bust.

[shadowninja]

ACEparts_com said:

shadowninja said:

Unemployment rate 1.5%. I rock. Inflation was at 18.85% and rising, mind.

:
If you were gordon brown you would have put your finger over the 18 and ended up with just .85% : low inflation, low unempoyment, no more return to boom an bust.

[bp1]

4% interest, 5.5% unemployement, .5% inflation.

Solid policies sustain economy apparently

[Neil_H]

IR = 2.5%
UN = 4.95%
IN = 0.72%

I got reappointed!

[klootzak]

0.25% interest

6.04% unemployment

-2.79% inflation

According to the game, this was a crap result.

k

[marsred]

FFR 2.50%
Unemployment 4.75%
Inflation 0.84%

Worryingly, this almost justifies the governments "do nothing" approach, only by fluke though.

[Simpo Two]

marsred said:

Worryingly, this almost justifies the governments "do nothing" approach, only by fluke though.

Well I guess that if you're adrift in the ocean of the global economy, paddling your piece of driftwood in any direction doesn't make much difference...

[schmalex]

Fed rate: 4.00%

Inflation: 1.88%

Unemployment: 4.97%

"Darling - get your stupid fking slug eyebrows out of office & let me come in & sort your mess out. I proved I can do it on the interweb"

[BiggusLaddus]

Interest - 2.5%
Unemployment - 4.31%
Inflation - 1.19%

[Simond001]

Fed Guru reappointed

.44% inflation
5.3 unemployment (mainly low level workers as i managed to shut down factories!)
3.5 ffr

[convert]

Damn, I think I'm a Tory, cos I managed to get inflation upto 15%

Maggie would be proud.

[uriel]

Unemployment - 3.32%

Inflation - 1.89%

Still got a newspaper saying 'Fed boss dismissed. Critics charge poor economic policy' though?

[pies1981]

how the hell do you kerb inflation? obviously im not gonna be in charge.....