Tag Archives | Bernanke

Time to exit the market?

By on March 6, 2012 in Economics, General Discussion

Whitney is a progressive http://www.counterpunch.org/2012/03/05/mom-and-pop-investors-call-it-quits/ and Stockman is a conservative http://www.businessinsider.com/david-stockman-youd-be-a-fool-to-hold-anything-but-cash-now-2012-3?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Money%20Game%20Select&utm_campaign=MoneyGame%20Select%20Mondays%202012-03-06#ixzz1oFPz7jW but they’re both pretty much saying the same thing: the historic bull run in stocks, courtesy of Bernanke’s ZIRP and QE, is soon coming to an end, as the underlying economy hasn’t recovered. That’s also pretty much what I’ve been saying, too.     [...]

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Mike Whitney on Bernanke: when all you have is a hammer…

By on January 31, 2012 in Economics, General Discussion

http://www.counterpunch.org/2012/01/30/bernankes-low-rate-crapshoot/   Nassim Taleb likened Bernanke’s ZIRP and QE antics to trying to get ketchup out of a bottle when it is stopped up. Ben is shaking the ketchup bottle violently with the same down motion, expecting the sauce to smoothly emerge.   Now Whitney calls out Bernanke for administering the same QE snake-oil again [...]

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The real problem with the Fed’s actions after the crisis.

By on December 30, 2011 in Economics, Human Behavior, Politics

Even amongst the commentators here there doesn’t seem to be a great deal of disagreement over the fact that the Fed did work to avert another depression following the crisis. The Economist in one of its recent briefings stated, “The shock that hit the world economy in 2008 was on a par with that which launched [...]

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Fed Up With The Fed?

By on December 12, 2011 in Economics, Politics

This is for those posters who think of the Federal Reserve as being the epicenter of evil. [Diogene, is that you?] I don’t always agree with Robert J. Samuelson, but I think he pretty much nails it here:   Fed up with bashing of Federal Reserve Sun Dec 11, 2011 WASHINGTON ? The further we [...]

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Roberts on Bernanke, et.al

By on September 27, 2011 in Economics, General Discussion

I posed the question in my Bernanke post (‘Continuing Our Argument’) whether commentators on the left-progressive side were opposed to the Fed’s interventions or neutral (feeling that not enough had been done and perhaps wishing for more). Here’s one of the economists I follow, Paul Craig Roberts, and he seems pretty firmly is in the [...]

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Continuing our argument on the Fed’s role

By on September 23, 2011 in Economics, General Discussion

I wanted to run this by the board and see what kind of reaction it gets. Leroy and I have had a longstanding argument re: the role of the Federal Reserve in getting us out of the economic swamp we’ve been in since 2008, or at least ameliorating conditions for the people. He sees the [...]

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