Tag archive for ‘Bernanke’
By Bruce Krasting On Wednesday, March 14th, 2012

Is the Ten Year Going to 3%?

These two articles point in a bad direction:     China’s 2011 total trade surplus was $183B. The surplus with the USA was $270B; the US was 150% of China’s total surplus. China imports lots of “stuff.”  More...

By Bruce Krasting On Wednesday, February 29th, 2012

Sins Of The Past

Ben Bernanke has said many times that Marriner Eccles, the head of the Federal Reserve in 1936/37 made a mistake by tightening credit (raising reserve requirements). Bernanke blames Eccles’s actions for the 50% More...

By Bruce Krasting On Thursday, January 26th, 2012

Bernanke Goes All In

Well, we got an inflation target from the Fed. Basically, thinking at the Fed has been eliminated. The process has been automated. Bernanke has convinced the Fed board to adopt Core PCE as a determinate of monetary More...

By Bruce Krasting On Friday, October 21st, 2011

Bernanke’s Latest ‘Hints’ Should Infuriate 280 Million Americans

Bernanke – “I’ve Abandoned The Dual Mandate!” I find myself this morning hoping for the failure of the Federal Reserve. This implies that I’m also hoping for a collapse in the equity markets and a severe More...

By Bruce Krasting On Saturday, October 15th, 2011

Social Security to Bernanke – “You’re Killing Us!”

Bernanke has said dozens of times that he wants to boost inflation in his effort to lift stocks. He’s succeeded in pushing up the cost of things over the past year. Everyone is paying a price. Social Security More...

By Bruce Krasting On Wednesday, September 21st, 2011

Did the Fed Just Grease the Skids for Obama’s Refi Plans?

WH and Fed Sleeping Together For me, the most significant development from the Fed’s announcement is a change in policy where the Fed will re-invest proceeds of maturing MBS securities in new issues of Agency More...

By Bruce Krasting On Saturday, August 20th, 2011

Expect Half a $Trillion in Dollar Swaps, This Sunday or Next

On EU banks, Solvency or Liquidity? – Or BOTH? I look at the financial statements of the big banks. 10-Qs and the like. I’ve concluded that, for the most part, it’s a waste of time. There are usually 70 More...

By The Editors On Wednesday, August 3rd, 2011
1 Comment

Bernanke Spills his Guts

SEWARD, NE—Claiming he wasn’t afraid to let everyone in attendance know about “the real mess we’re in,” Federal Reserve chairman Ben Bernanke reportedly got drunk Tuesday and told everyone More...