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Tag Archives: bernanke
The Fool in the Shower
‘Fool in the Shower’ to Give Fed a Good Scalding: Caroline Baum: What the Fed is saying, in essence, is that as the economy improves, it’s appropriate to provide as much stimulus, or support, as it did in late 2008, … Continue reading
Printing worthless currency is illegal? Someone should tell Ben Bernanke.
Zero Hedge – FBI Busts Mastermind Criminal For Issuing Silver Currency, Demanding Repeal Of Fed And IRS; Faces 15 Years In Prison. Counterfeiting – Printing money willy-nilly and releasing it into the economy. Quantitative easing – Same thing, when the … Continue reading
The Daily Show on Ben Bernanke
Federal Reserve Chairman Ben Bernanke on CBS’s “60 Minutes” last year: PELLEY You’ve been printing money? BERNANKE Well, effectively. And we need to do that, because our economy is very weak and inflation is very low. when the economy begins … Continue reading
Ambrose Evans-Pritchard: I was wrong to defend the U.S. stimulus and the Federal Reserve
The Telegraph – Shut Down the Fed (Part II): I apologise to readers around the world for having defended the emergency stimulus policies of the US Federal Reserve, and for arguing like an imbecile naif that the Fed would not … Continue reading
Inflation or deflation? Niall Ferguson says “Inflation”
Vanity Fair – Niall Ferguson: America Needs to Cancel Its Debt: Excessive debt burdens in the past tended to be public sector debts. What we’ve got now is an exceptional level of private debt. There’s never been an economy in … Continue reading
Interest rates to rise or fall? The man who sets interest rates says “rise”
Ben Bernanke is chairman of the Federal Reserve, which sets the interest rate at which banks borrow money in the United States. He apparently thinks the Fed is going to raise rates, judging by the fact that he refinanced his … Continue reading
Ben Bernanke has done gone and went insane
Karl Denninger – Open Letter To The Chinese Premier: Dear Wen Jaibao: We in America have noted with concern your nations’ expression of alarm at our Federal Reserve’s blatant money-printing, debt monetization, and interference in the free markets, in particular the … Continue reading
Inflation or deflation? The man with the dollar printing press says “inflation”
People are debating whether the United States is going to experience inflation or deflation. Ben Bernanke, the chairman of the U.S. Federal Reserve bank, has always intended to fight any hint of deflation with a massive dollar printing campaign. It’s … Continue reading
Alan Reynolds: Fed can’t reduce money supply in time to stop inflation
I’ve been noting that the Federal Reserve’s unprecedented increase in the money supply will lead to inflation. Federal Reserve Chairman Ben Bernanke is claiming that just as soon as the economy starts to recover he’ll pull back the money supply … Continue reading
This is where inflation fears are coming from
The Fed is inflating the money supply to the mother-Blagojeviching moon. I read that last week, but I didn’t get it until I saw this chart From Mish with the vertical trend line at the end: That’s why people are … Continue reading
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