The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (26104)	1/6/2010 5:52:39 PM
From: Real Man	1 Recommendation Read Replies (2) of 71442

Quite a U-turn here online.wsj.com Ben Bernanke, Now and Then At American Economic Association, Sunday 'We must be especially vigilant in ensuring that the recent experiences are not repeated....if adequate [reguatory] reforms are not made, or if they are made but prove insufficient to prevent dangerous buildups of financial risks, we must remain open to using monetary policy as a supplementary tool for addressing those risks.' As Fed governor, 2002 'Understandably, as a society, we would like to find ways to mitigate the potential instabilities associated with asset-price booms and busts. Monetary policy is not a useful tool for achieving this objective, however.'

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