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Wide Tailz

Registered: Sep 2011
Posts: 1515

09-13-12 11:08 PM

Quote from failed_trad3r:

Bernanke ... is ruining investments accounts ... by ... propping up the market.

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Trendytrader

Registered: Jan 2006
Posts: 1095

09-13-12 11:16 PM

Ben just doesn't understand that the problem is a fiscal & policy problem and not a monetary problem.

He can not just print 24x7 to help a fiscal disaster and country that has lost it's manufacturing base to China.

This is not the same 1930's US industrial powerhouse...we are now a service industry of burger flippers and Walmart greeters now.

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Free Thinker

Registered: Nov 1999
Posts: 14316

09-13-12 11:25 PM

Quote from Trendytrader:

Ben just doesn't understand that the problem is a fiscal & policy problem and not a monetary problem.

yes he does but since the republicans have bottled everything up the legislative branch cant do anything and he will do whatever he can to stop another recession. he has said so many times. will it eventually fail. probably.

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brokerboy

Registered: Oct 2003
Posts: 1855

09-13-12 11:37 PM

they are going be tossing stones at him when he leaves the fed. how can this end good? he is just giving away money and begging companies to hire. is this really economics?

Quote from Free Thinker:

yes he does but since the republicans have bottled everything up the legislative branch cant do anything and he will do whatever he can to stop another recession. he has said so many times. will it eventually fail. probably.

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