Dear Subscriber, The “grand compromise” between the Obama administration and Congressional Republicans to extend the Bush era tax cuts will have two extremely severe repercussions: First, it means that the federal deficit…
Tag: ben bernanke
Bernanke’s Monetary Policy Is Doomed!
Last week Ben Bernanke wrote an article for The Washington Post to justify the Fed’s decision of another round of quantitative easing. Here’s his core argument: “Easier financial conditions will promote economic…
There Was a Fed Chairman Who Swallowed a Fly
By: Peter Schiff, Euro Pacific Capital, Inc. While it’s true that history repeats itself, the patterns should always be separated by a generation or two to keep things respectable. Unfortunately, in today’s…
Bernanke Hallucinating
If Fed Chairman Ben Bernanke honestly believes what he said at Jackson Hole on Friday — that he can save the economy by printing more money and buying more bonds — he’s…
Breaking news: Bernanke slams U.S. economy! What to do …
A momentous event just occurred this afternoon: For the first time in many years, the Chairman of the Federal Reserve went before Congress, set aside his rose-colored glasses, dispensed with most of…
Bernanke’s Burn Notice – Why Now? Research Reveals Insight Into Fed Chairman’s Popularity
By Elliott Wave International Like a spy who gets a burn notice, Federal Reserve Chairman Ben Bernanke has suddenly lost his support. Bernanke has gone from being Time magazine’s Man of the…