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Thread: Bernanke: Fed would supply more stimulus if needed

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    Bernanke: Fed would supply more stimulus if needed

    Title says it all. Even after Greenspan coming out clear as day saying that the previous stimulus plan and pumping money into the economy clearly had no real help on the economy Bernankes comes out saying this. Apparently $278,000 a job was a success, so lets do it again?

    Bernanke: Fed would supply more stimulus if needed - Yahoo! Finance

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    Re: Bernanke: Fed would supply more stimulus if needed

    Quote Originally Posted by DontDoIt View Post
    Title says it all. Even after Greenspan coming out clear as day saying that the previous stimulus plan and pumping money into the economy clearly had no real help on the economy Bernankes comes out saying this. Apparently $278,000 a job was a success, so lets do it again?

    Bernanke: Fed would supply more stimulus if needed - Yahoo! Finance

    The destruction of the US economy, and its future as a powerful and influential nation, appears now to be deliberate. I can see no other reason.

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    Re: Bernanke: Fed would supply more stimulus if needed

    Quote Originally Posted by DontDoIt View Post
    Title says it all. Even after Greenspan coming out clear as day saying that the previous stimulus plan and pumping money into the economy clearly had no real help on the economy Bernankes comes out saying this. Apparently $278,000 a job was a success, so lets do it again?

    Bernanke: Fed would supply more stimulus if needed - Yahoo! Finance

    QE 1 and 2 were not taxpayer funded activities, and neither will QE 3 or 4 or 5.

    As for Greenspan, he is an idiot who has a direct responsibility for the current crisis, who didnt see it coming, when others did. Given his lack of ability to see the crisis coming I doubt he has the ability to predict what can bring the US out of the crisis, or read current economic conditions and the probable cause of them
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    Re: Bernanke: Fed would supply more stimulus if needed

    Quote Originally Posted by Grant View Post
    The destruction of the US economy, and its future as a powerful and influential nation, appears now to be deliberate. I can see no other reason.
    The you are rather short sighted, and lack a historical knowledge of countries engaging in currency debasement and why they do it. It is politically easier to do so then to allow for a massive economic crisis, where the entire economy colllapses quickly.

    See 1920's Germany
    Turkey in the 80s
    Mexico,
    Italy
    all in the 80s with the same sort of reactions to economic issues. I doubt Turkey's military leaders during that time frame wanted to destroy Turkey (being nationalists after all) but saw the debasement of the currency as the best course of action
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    Re: Bernanke: Fed would supply more stimulus if needed

    Wow, another one?

    The US will probably end like the Wiemar Republic.

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    Re: Bernanke: Fed would supply more stimulus if needed

    Quote Originally Posted by Lord Tammerlain View Post
    QE 1 and 2 were not taxpayer funded activities, and neither will QE 3 or 4 or 5.

    As for Greenspan, he is an idiot who has a direct responsibility for the current crisis, who didnt see it coming, when others did. Given his lack of ability to see the crisis coming I doubt he has the ability to predict what can bring the US out of the crisis, or read current economic conditions and the probable cause of them
    Be fair now. Bernanke is also directly responsible for the current crises. How in the world we allow someone who played as big of a role creating the crises as Bernanke still play any role is beyond me.

    For the same reasons I'm equally amazed that anyone listens to anything Greenspan says any longer but facts to do show QE1 and 2, did nothing. All this news did today was to send the dollar plummeting and energy prices up. Yeah, that's going to help.

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    Re: Bernanke: Fed would supply more stimulus if needed

    Actually I am aware of those past crises, as the Obama Administration should be. Why should I bother mentioning them?

    It only makes my point that when governments irrationally follow failed policies of the past, further failure is like to follow.

    That is happening now and there can be no justification for it, other than it being quite deliberate.

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    Re: Bernanke: Fed would supply more stimulus if needed

    Quote Originally Posted by Grant View Post
    Actually I am aware of those past crises, as the Obama Administration should be. Why should I bother mentioning them?

    It only makes my point that when governments irrationally follow failed policies of the past, further failure is like to follow.

    That is happening now and there can be no justification for it, other than it being quite deliberate.
    I think you are underestimating the power of ignorance.

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    Re: Bernanke: Fed would supply more stimulus if needed

    Quote Originally Posted by Grant View Post
    Actually I am aware of those past crises, as the Obama Administration should be. Why should I bother mentioning them?

    It only makes my point that when governments irrationally follow failed policies of the past, further failure is like to follow.

    That is happening now and there can be no justification for it, other than it being quite deliberate.
    The justification is that they believe the alternative is even worse, which it could very well be
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    Re: Bernanke: Fed would supply more stimulus if needed

    Quote Originally Posted by DontDoIt View Post
    Title says it all. Even after Greenspan coming out clear as day saying that the previous stimulus plan and pumping money into the economy clearly had no real help on the economy Bernankes comes out saying this. Apparently $278,000 a job was a success, so lets do it again?

    Bernanke: Fed would supply more stimulus if needed - Yahoo! Finance

    Why do people still make that idiotic 278k per job claim?
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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