[I think I wrote that headline before]
The markets have already priced in a Bernanke rate cut. The question is: where do we go from here? With inflationary pressure likely to mount given a rate cut, and with the dollar tanking, what other mechanisms can the Fed exercise to stimulate the economy moving forward?
The answer is: not much.
Bernanke is like an airplane passenger pulling the ripcord at the first sign of turbulence. There’s nothing left in case of real trouble.
Prez Clinton — welcome to your nightmare.
Now Playing: Episode 438: Shirley Sherrod, Individual Mandate
- WaPo on the mandate
- 538 on labor force realignment
- Acadian Odyssey
- Friedman on climate change
The Band, Acadian Driftwood
Bruno and the Professor on Facebook




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