Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: carranza2 who wrote (25951)	12/9/2002 8:11:20 PM
From: Ilaine	Read Replies (1) of 74559

>> Why hasn't it said so, if true?<< Cutting nominal interest rates to below real interest rates isn't good enough for you? Good article. McCulley gets it. IMO, of course, who the heck am I to say who gets it? Speaking of getting it, McCulley cheers the appointment of Ben Bernanke as Fed governor. Me, too. I haven't been paying attention to the Fed these days, so missed it. Ben S. Bernanke is one of the all time best economic historians on the Great Depression. princeton.edu Wonder who came up with the brilliant idea of nominating Ben Bernanke to the Fed? Makes me almost giddy with glee. Not quite as good as, say, nominating Friedman would have been in 1930, but sort of in the same ballpark.

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