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Bernanke’s Policy = Reckless Endangerment

Wednesday, May 15, 2013 - 5:10 PM
No one, including Bernanke, has a clue what will happen when the exit door is opened. That is an indisputable fact. How can Bernanke claim that a Fed exit from QE will have no consequences? It’s never been done before. Not by the Fed. Not by any Central Bank. To think that such a daunting task can be accomplished without negative consequences is foolish.

http://brucekrasting.com/bernankes-policy-reckless-endangerment/
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ShorebreakShorebreak2,381 posts since
Apr 6, 2010
Rep Points: 12,716
1. Wednesday, May 15, 2013 - 7:42 PM
Stay tuned for Thursday. Philadelphia Fed President Charles Plosser, Boston Fed President Eric Rosengren, Dallas Fed President Richard Fisher, Fed Governor Sarah Bloom Raskin, and San Francisco Fed President John Williams are all giving speeches.
3
ShorebreakShorebreak2,381 posts since
Apr 6, 2010
Rep Points: 12,716
2. Wednesday, May 15, 2013 - 9:30 PM
Stay tuned to what first?  With all the stuff going on in our country nowadays, who do we watch getting thrown out first?  This country is turning into one sick soap opera with bad actors!  The IRS mess was all over the news day and night along with all the earlier lies coming from the White House makes us ripe for our enemies to really have a field day with us.

What does Bernanke care if he makes another wrong decision and we get thrown into even more dire financial turmoil.   There are no consequences for his bad decisions.  Only WE have to pay the consequences!  It's like they are throwing us over the cliff and no one seems to care.  Something must be in the water in Washington.  They really seem to be on a road to Hell!
3
paoli2paoli21,149 posts since
Aug 10, 2011
Rep Points: 5,128
3. Wednesday, May 15, 2013 - 10:39 PM
Re: paoli2 @ 2. Wednesday, May 15, 2013 - 9:30 PM

"WE" are not in control of anything anymore. The two political parties of Wall Street and Bernanke (the inmates) are running the show (asylum).
3
ShorebreakShorebreak2,381 posts since
Apr 6, 2010
Rep Points: 12,716
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