Bernanke has crushed inflation.
When he took over in 2006 the crb was 340 and it is now 300, 5 years later.
Bernanke has crushed inflation
Started by
stocks
, Dec 14 2011 09:43 AM
1 reply to this topic
#1
Posted 14 December 2011 - 09:43 AM
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#2
Posted 16 December 2011 - 01:16 PM
QE is not “money printing”.
Banks never lend reserves. Loans create deposits. The money multiplier is a myth. This is why QE1 and QE2 did not cause a surge in loans or inflation.
The wealth effect in equities is a myth.
The portfolio rebalancing effect of QE can cause substantial disequilibrium in the economy.
QE does not alter the number of net financial assets outstanding in the private sector.
What is QE?
Banks never lend reserves. Loans create deposits. The money multiplier is a myth. This is why QE1 and QE2 did not cause a surge in loans or inflation.
The wealth effect in equities is a myth.
The portfolio rebalancing effect of QE can cause substantial disequilibrium in the economy.
QE does not alter the number of net financial assets outstanding in the private sector.
What is QE?
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.