SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: andiron who wrote (104354)11/16/2009 3:07:50 PM
From: mishedlo2 Recommendations  Read Replies (1) | Respond to of 116555
 
Bernanke's Outlook For Recovery and What It Means For Jobs
globaleconomicanalysis.blogspot.com

Earlier today, At the Economic Club of New York, Fed Chairman Ben Bernanke gave his Outlook for the Economy and Policy.

The speech contains much self-serving claptrap about how Federal Reserve policy save the day. Nowhere has the Fed admitted its role in creating the mess.

Bernanke thinks printing money and borrowing from the future via cash-for-clunkers can have lasting benefits. I think that if anything lasting comes from cash-for-clunkers, it will be net-negative.

Bernanke is still extremely concerned about commercial real estate, bank lending, and jobs. On those issues he is certainly right to be concerned. Here are a few snips from the speech. ...

Mish



To: andiron who wrote (104354)11/16/2009 3:38:32 PM
From: Sunny Jim  Read Replies (1) | Respond to of 116555
 
Bernanke certainly says some stupid things regarding bubbles as did Greenspan when he was FED chairman. I guess as long as the FED is providing free money, nobody is going to call them on the dumb things they say (and believe??).


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News