Old Econintersect Analysis Blog
Tag Archives: Bernanke
by Lee Adler, The Wall Street Examiner The Legend of Bennie the Beard, Henry the Hitman, and Gangbankster Dealers (A True Story with Real Data and Real People) The Industrial Production news last week reminded me of a story. It’s … Continue reading
Bernanke is aware just how fragile the recovery is. He is prepared to take further monetary action. But a fiscal policy stimulus would be far more effective. Continue reading
The economy is much weaker than the picture Chairman Bernanke painted, and it is likely further extraordinary monetary policy accommodation will be necessary. Bernanke gave the opinion that the economy was gaining enough traction to stand on its own without further accommodation. With the consumer only offering modest support and government spending contracting, he can only be correct if private investment increases significantly.