Showing posts with label policy. Show all posts
Showing posts with label policy. Show all posts

Tuesday, September 10, 2013

Fed Uberdove Admits Policy Causes Asset Bubbles (And They're Here To Stay) - Full Speech

So the blogosphere was demonized for being crackpots when we alleged the Fed was creating asset bubbles and collapses with QE and zero interest rate policies.

Well, now, the Fed itself admits guilt.  Again, to my critics:  too bad for you.

http://www.zerohedge.com/news/2013-09-09/fed-uberdove-admits-policy-causes-asset-bubbles-and-theyre-here-stay

Friday, July 23, 2010

Irrationally exuberance to unusually uncertain

http://usawatchdog.com/irrational-exuberance-to-unusually-uncertain/

Just this past week, Fed Chairman Ben Bernanke testified in front of the Senate banking panel. In opening remarks, Bernanke said, “. . . the economic outlook remains unusually uncertain. We will continue to carefully assess ongoing financial and economic developments, and we remain prepared to take further policy actions as needed to foster a return to full utilization of our nation’s productive potential in a context of price stability."

Sounds like Helicopter Ben is expecting another "event" and is fully prepared to drop USDollars out of the sky.