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Bernanke's Stamp On Fed Could Tie Hands Of Successor

Sunday, November 11, 2012 - 10:36 AM
This is another sign that changes at the Fed are going to take a long time. According to this Reuters article:
President Barack Obama's next choice to head the U.S. Federal Reserve could have his or her hands tied if Ben Bernanke and company continue to re-write the policymaking rule book at their current clip.

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3
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,688
1. Sunday, November 11, 2012 - 6:30 PM
Bernanke's ZIRP will extend all the way out to the year 2022 regardless who replaces him.
1
ShorebreakShorebreak2,368 posts since
Apr 6, 2010
Rep Points: 12,625
2. Sunday, November 11, 2012 - 7:11 PM
Shorebreak:  If you really believe that then you know why I believe in my "oversave" theory.
1
paoli2paoli21,142 posts since
Aug 10, 2011
Rep Points: 5,089
3. Sunday, November 11, 2012 - 7:21 PM
Re: Paoli2 @ Sunday, November 11, 2012 - 7:11 PM

Have no idea what your "oversave" theory entails. Being diversified in one's investments is the key.
2
ShorebreakShorebreak2,368 posts since
Apr 6, 2010
Rep Points: 12,625
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