Debate Ben Bernanke

mrsticky005 · 02-18-2013, 01:48 AM

Ben Bernanke is the chairman of the Federal Reserve.

This is a speech he wrote on Deflation

http://www.federalreserve.gov/boardD...efault.htm#fn8

What are your thoughts on Ben Bernanke, The Federal Reserve and it's policies and his speech on Deflation.

erndogzetroc · 02-19-2013, 09:19 PM

in 5 to 7 yrs, most the kids here are gonna be joining the corporate world (i hope) so would it be prudent for them to have some level of awareness of the free market's ebbs and flows?

nah.....

mrsticky005 · 02-22-2013, 06:37 PM

Quote:

Originally Posted by erndogzetroc

in 5 to 7 yrs, most the kids here are gonna be joining the corporate world (i hope) so would it be prudent for them to have some level of awareness of the free market's ebbs and flows?

nah.....

Well it's kinda confusing stuff. At least for me it is.

Wooster · 02-22-2013, 06:52 PM

He essentially cause the recession by lowering interest rates too slow.

Then he has over compensated by using methods that border on fical policy, which is the not the responsibility of the Fed. His only concern should be inflation. If that necessitates interest rates near zero so be it. But buying government bonds is not his purview and saying the Fed will keep interest rates where they are is bordering on giving out free heron samples.

In short, he has forked up the economy almost as much as Greenspan did.

mrsticky005 · 02-23-2013, 06:16 PM

Quote:

Originally Posted by Wooster

He essentially cause the recession by lowering interest rates too slow.

Then he has over compensated by using methods that border on fical policy, which is the not the responsibility of the Fed. His only concern should be inflation. If that necessitates interest rates near zero so be it. But buying government bonds is not his purview and saying the Fed will keep interest rates where they are is bordering on giving out free heron samples.

In short, he has forked up the economy almost as much as Greenspan did.

What do you think of him being influenced by Milton Friedman?

I dunno but aren't their economics a bit different?

02-18-2013, 01:48 AM	#1
mrsticky005 Join Date: Apr 2009 Location: In the White Text House Posts: 13,910 Rep Power: 23 Member's Picture Albums	Debate Ben Bernanke Ben Bernanke is the chairman of the Federal Reserve. This is a speech he wrote on Deflation http://www.federalreserve.gov/boardD...efault.htm#fn8 What are your thoughts on Ben Bernanke, The Federal Reserve and it's policies and his speech on Deflation. __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. Spam once and the forum will be annoyed. Spam twice and warnings will be deployed Spam thrice and a infraction you will receive Spam 8,984 times and a FAIL Agent you''ll soon be. ...At least in my case. To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

02-19-2013, 09:19 PM	#2
erndogzetroc Genin Join Date: Feb 2013 Location: san francisco, ca Posts: 280 Rep Power: 3 Member's Picture Albums	Re: Debate Ben Bernanke in 5 to 7 yrs, most the kids here are gonna be joining the corporate world (i hope) so would it be prudent for them to have some level of awareness of the free market's ebbs and flows? nah..... __________________ if life gives you aids, make lemonaids

02-22-2013, 06:52 PM	#4
Wooster Special Jonin Candidate Join Date: Jan 2010 Posts: 36,974 Rep Power: 32	Re: Debate Ben Bernanke He essentially cause the recession by lowering interest rates too slow. Then he has over compensated by using methods that border on fical policy, which is the not the responsibility of the Fed. His only concern should be inflation. If that necessitates interest rates near zero so be it. But buying government bonds is not his purview and saying the Fed will keep interest rates where they are is bordering on giving out free heron samples. In short, he has forked up the economy almost as much as Greenspan did. __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

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