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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ajtj99 who wrote (109836)	3/23/2010 12:17:31 PM
From: mishedlo	4 Recommendations Read Replies (2) of 116555

Bernanke Wants to End Bank Reserve Requirements Completely: Does it Matter? What Chaos will Result? globaleconomicanalysis.blogspot.com Many people have written over the past few days asking me to comment on the very last sentence in Chairman Ben Bernanke's speech on the Federal Reserve's Exit Strategy before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. "The Federal Reserve believes it is possible that, ultimately, its operating framework will allow the elimination of minimum reserve requirements, which impose costs and distortions on the banking system." .... Mish

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