tag:blogger.com,1999:blog-3758330678390419129.post4217431262768889005..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Breaking Down the Bernanke SpeechRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-3758330678390419129.post-42855992724741953352011-08-31T16:57:57.314-04:002011-08-31T16:57:57.314-04:00The Obama administration is 'Our Gang Comedy&q...The Obama administration is 'Our Gang Comedy" - Spanky Bernanke and Buckwheat Obama.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-4997209832944165902011-08-28T07:34:16.761-04:002011-08-28T07:34:16.761-04:00The only time he has told the truth was in that ba...The only time he has told the truth was in that bar in Seward, NE.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-10237191670999026652011-08-27T11:30:21.463-04:002011-08-27T11:30:21.463-04:00to find the graphs for other periods: go to the UR...to find the graphs for other periods: go to the URL at the bottom of the above graph. Search for "M2. Click on "levels" underneath the graph, and choose the same level as on the Y-axis of the graph above. choose the date range you desire.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-90804953049392873192011-08-27T09:14:45.509-04:002011-08-27T09:14:45.509-04:00The real money supply includes credit issued...wha...The real money supply includes credit issued...what does that look like? Is he printing more money because the credit has dried up?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-8273091747599720612011-08-27T05:17:23.300-04:002011-08-27T05:17:23.300-04:00The USA must make the $ strong enough to see that...The USA must make the $ strong enough to see that no one starves or freezes to death in the Greater Depression.<br /><br />They need a Deflation now to strengthen the Country. Buffet is in effect telling us that the unused part of Keynes must be used, taxation to prevent the 'internal contradiction in Capitalism' Marx described. <br /><br />Sufficient tax on wealth to cause Deflation Ilyannoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31812115735561742402011-08-27T05:15:52.215-04:002011-08-27T05:15:52.215-04:00I see quantatitive easing as analagous to a drug.O...I see quantatitive easing as analagous to a drug.Once the econoomy gets it,it needs more,or it goes into withdrawal.The more it gets,the worse the withdrawal symptoms areDaniel Victornoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43341466597904855232011-08-27T05:09:39.248-04:002011-08-27T05:09:39.248-04:00This reminds me of the economist I saw on TV who s...This reminds me of the economist I saw on TV who said that the 30% increase in the price of oil had nothing to do with the 30% decrease in the value of the dollar, oil being priced in dollars! Bernanke must be either as out of reality as this man, or incredibly self deceptive, in denial of reality.hypnosis hypnotherapy Los Angeleshttp://www.mindmagic123.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-8870736627099038852011-08-27T05:01:21.568-04:002011-08-27T05:01:21.568-04:00Its all about creating a new world orderIts all about creating a new world orderAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-29204468956765055962011-08-27T03:05:59.010-04:002011-08-27T03:05:59.010-04:00I have to agree... there simply is no other way to...I have to agree... there simply is no other way to view this. Ben is only a 'pawn' in a bigger picture which is invisible to the ordinary citizen (meaning people who don't know squat about economics/policies)<br /><br />Thanks Robert for stating it as it is! ;-)FX Revelationhttp://member.fx-revelation.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-88355625256106092642011-08-27T01:27:01.931-04:002011-08-27T01:27:01.931-04:00prepare for the riots and looting when people can&...prepare for the riots and looting when people can't afford to eat and marshal law rulesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-47638541298369816452011-08-26T21:39:31.544-04:002011-08-26T21:39:31.544-04:00To clarify, I think he remains clueless in many re...To clarify, I think he remains clueless in many regards, but indeed agree that the "plan" has already been in in place for some time. The plan being Operation Frowny-faced Yield Curve. Phase one was accomplished vis a vis the last FOMC statement. Phase two will be implemented on Sep 21 (which, as I will demonstrate, likely violates Section 2A of the Federal Reserve Act). Stay tuned Bob Englishhttps://www.blogger.com/profile/14790005723107501043noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-14276236756988352172011-08-26T20:32:17.905-04:002011-08-26T20:32:17.905-04:00@Bob English - You mistakenly surmise that Benny i...@Bob English - You mistakenly surmise that Benny is ignorant of what's happening or what he's doiing....really Bob? I'm willing to stake my life on the fact that NONE of this is accidental and we (and this whole situation) are being played like a fiddle! What say you to that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-34191898861245872532011-08-26T18:22:22.498-04:002011-08-26T18:22:22.498-04:00"Power corrupts, and absolute power corrupts ..."Power corrupts, and absolute power corrupts absolutely."<br /><br />Benny, this seems to be the quote most reflective upon you. Your absolute power over our currency has absolutely corrupted it.Kevin Becknoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-39007928710290733562011-08-26T12:35:20.981-04:002011-08-26T12:35:20.981-04:00@Texas Chris: good catch.@Texas Chris: good catch.Bob Englishhttps://www.blogger.com/profile/14790005723107501043noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26712386399697056432011-08-26T12:28:28.714-04:002011-08-26T12:28:28.714-04:00Astute observations.
Notice also the reference to...Astute observations.<br /><br />Notice also the reference to Congress vis. "infrastructure" in the last couple of paragraphs.<br /><br />Waren Buffet buys into BOA, The Bernanke mentions infrastructure spending, Roubini slamming gold a pushing an NIB, Obama wants to spend LOADS of cash on infrastructure...<br /><br />Yeah, NIB is coming.Texas Chrisnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-79915570082157867832011-08-26T12:13:13.285-04:002011-08-26T12:13:13.285-04:00Like a slaveowner bitching about his unproductive ...Like a slaveowner bitching about his unproductive slaves.....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-73759447292434500212011-08-26T12:08:39.110-04:002011-08-26T12:08:39.110-04:00Any chance we can see the current graph above alon...Any chance we can see the current graph above along with the older 2008, 2009 or 2010 money acceleration/deceleration curves?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-25332918366403858902011-08-26T11:58:32.357-04:002011-08-26T11:58:32.357-04:00On #6 I am willing to bet he is lying, not only to...On #6 I am willing to bet he is lying, not only to the hearers/readers of his words, but to himself as well.<br /><br />I find it nearly impossible to believe that even with his frame of reference of choice, (Keynesianism and all it entails), that in the quiet recesses of his mind he is clueless about price inflation.<br /><br />He may deny its consequences or why he believes it must be so or howLarrynoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-22978182411694860132011-08-26T11:16:59.452-04:002011-08-26T11:16:59.452-04:00Taxes and especially Laws have permanently destroy...Taxes and especially Laws have permanently destroyed the USA. Fed counterfeiting is pointless...It just hands money to the parasites so they can boost input prices for the few producers that are left. Nothing the Fed does is going to "Work".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-18447671378960540692011-08-26T11:02:33.356-04:002011-08-26T11:02:33.356-04:00Fine analysis, Bob. Thanks!Fine analysis, Bob. Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84216015819648497152011-08-26T10:59:59.779-04:002011-08-26T10:59:59.779-04:00I agree and can't believe this guy continues t...I agree and can't believe this guy continues to broadcast he does not know what to do. What the markets need less of is uncertainty, and the potential for day to day ad hoc changes in global monetary policy is what's siphoning liquidity. I thought we might get more talk about his "tools", but nada. My bet remains with some band-aid dollar liquidity swaps in the meantime (probBob Englishhttps://www.blogger.com/profile/14790005723107501043noreply@blogger.com