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Galraedia

(5,331 posts) Sat Jun 9, 2012, 03:53 PM Jun 2012

Up w/Chris Hayes - Is Bernanke trying to elect Mitt Romney?

5 replies

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Up w/Chris Hayes - Is Bernanke trying to elect Mitt Romney? (Original Post) Galraedia Jun 2012 OP

good bit NoMoreWarNow Jun 2012 #1

Bernanke isnt looking out for our best interest. Why would he? nm rhett o rick Jun 2012 #2

I'm not sure what Chris Hayes thinks Bernanke can do. girl gone mad Jun 2012 #3

Here's the real question. Cowpunk Jun 2012 #4

Spam deleted by OKNancy (MIR Team) wsx111 Jun 2012 #5

NoMoreWarNow

(1,259 posts)

1. good bit

Reply to Galraedia (Original post)

Sat Jun 9, 2012, 04:22 PM

Jun 2012

I don't know what Bernanke's deal is, but he is clearly failing us when we need his help.

rhett o rick

(55,981 posts)

2. Bernanke isnt looking out for our best interest. Why would he? nm

Reply to NoMoreWarNow (Reply #1)

Sat Jun 9, 2012, 05:14 PM

Jun 2012

girl gone mad

(20,634 posts)

3. I'm not sure what Chris Hayes thinks Bernanke can do.

Reply to Galraedia (Original post)

Sat Jun 9, 2012, 05:28 PM

Jun 2012

His criticisms seem completely ridiculous to me.

We can't fix our unemployment crisis by lowering interest rates. Hayes brings up Japan, but Japan did eventually implement the monetary policies Hayes prescribes, and they were ineffective. Only after proper fiscal policies were enacted did Japan begin to see any results.

Higher rates might be somewhat effective in stimulating demand, but this vicious deleveraging cycle will keep playing out as long as we have too much private sector debt and too little income. I don't understand why liberals/progressive want to encourage more debt as a solution to a debt-bubble induced crisis?

Cowpunk

(833 posts)

4. Here's the real question.

Reply to Galraedia (Original post)

Sun Jun 10, 2012, 06:41 PM

Jun 2012

Why did Obama rehire Bernanke when his policies both hurt the country economically and hurt Obama's chances politically?

wsx111

(11 posts)

5. Spam deleted by OKNancy (MIR Team)

Reply to Galraedia (Original post)

Mon Jun 11, 2012, 09:19 AM

Jun 2012

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