Wednesday 4th December
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Three Central Banks Surprise… Desperation in Three Part Harmony
Written on 6 Jul, 2012 at 7:55
The NYT story also mentioned that Bernanke and other central bankers have been trying to shift some of the burden for fixing the economy to elected officials, but the politicians aren't having any of that. Do they look stupid?... (Continue reading)
QE2 Leaves Port, Bernanke Takes Leave of Senses
Written on 15 Nov, 2010 at 13:59
I want to go on record as saying that Bernanke's QE2 has no chance of working, in the sense that it will do nothing positive in the long run, and won't even do much in the short run to help... (Continue reading)