Since early 2009 (when the U.S. stock bull market began), the U.S. dollar has collapsed. The Brazilian real is up 56%, from 41 cents to 64 cents. The Canadian dollar is up 35%, from 78 cents to $1.05. The Swiss franc has also risen 35%, from 85 cents t…
Cramer: Bernanke Is Doing the Right Thing
After Federal Reserve Chairman Ben Bernanke spoke to the press on Wednesday, stocks ended sharply up and climbed to new multi-year highs, even though Cramer said the Fed chief said nothing new.Bernanke did,…
History Backs Bernanke Betting Volatility Variable Won’t Hurt Federal Reserve Chairman Ben S. Bernanke is betting that surging prices for food and fuel won’t wind up breaking the cost of liv…
WASHINGTON (CNNMoney.com) — Massive government intervention to save the economy is to blame for the lagging recovery, Former Federal Reserve Chairman Alan Greenspan said Tuesday.
Greenspan argued for less government intervention to get the recovery…
The Daily Reckoning’s Bill Bonner asks “What’s up” with the regime-changing revolutions happening these days….
The answer comes from our old friend, Jim Davidson. He pins the revolutions on Ben Bernanke. Behind the popular discontent is neither th…
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Bernanke denies quantitative easing
However, in the Stamp Lecture at London School of Economics on January 13, 2009, Federal Reserve chairman Ben Bernanke, about three years into office, asserted that the Fed’s approach to supporting credit ma…
We can trust in Greenie, right? After all, he’s never been wrong before…….
01/19/11 North Weymouth, Massachusetts – On January 7, 2011, Kelly Evans of The Wall Street Journal interviewed former Federal Reserve Chairman Alan Greenspan. He roote…
Since the early 1990 decade, the nation’s maestros have promulgated the notion that cheap money is a beneficial factor for the sustenance of wealth, for economic development, for the standard of living, for the robust industries, in general for the …
A veritable plethora of contradictory statements that could lead you to believe that Bernanke is a few slices short of a loaf….
“I am a macroeconomist rather than an historian. My focus will be on broad economic issues rather than details.”
Pro…
