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Those looking (ever harder, it seems) for justification for more easing won't find it in the...

Those looking (ever harder, it seems) for justification for more easing won't find it in the speech Bernanke is delivering in Georgia, which doesn't mention monetary policy or much about the economy.
Comments (4)
  • RS055
    , contributor
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    No - he's beating up on money market funds ( "shadow banking system". He would love to get everyone to move their cash deposits to his pet banks.
    9 Apr 2012, 08:11 PM Reply Like
  • Uncle Pie
    , contributor
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    Mr. Bernanke's Fed is busy....buying up 60% of the Treasury debt with newly printed paper dollars. According to published reports.

     

    One branch of the government buying the debt of another branch...is that something like a Ponzi scheme?
    9 Apr 2012, 09:46 PM Reply Like
  • Rummeljordan
    , contributor
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    What!? Nothing new out of one of the Fed. speeches? Shocker!
    9 Apr 2012, 09:50 PM Reply Like
  • kata
    , contributor
    Comments (416) | Send Message
     
    I thought it sounded very dour, very downbeat on growth and very paternal; vis a vis large institutional banks. He seems to think they still take too many risks, lend out too much money and dont hold enough for their own protection in the event there is a run on their banks. Well, if they dont lend then small companies cant grow and if small companies dont grow they die. And that a recipe for stagflation or worse. I would love to hear Alan Greenspans take on where we are and what we should be looking for.
    10 Apr 2012, 03:41 AM Reply Like
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