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07-20-2009, 06:46 PM #1
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Economist: Bernanke Will Kill Recovery
Economist: Bernanke Will Kill Recovery
Monday, July 20, 2009 10:39 AM
By: Dan Weil
Most experts, including investment legend Warren Buffett and former General Electric CEO Jack Welch, say Federal Reserve Chairman Ben Bernanke has done an excellent job handling the financial crisis and should be reappointed.
But economist John Tamny isn’t among them.
He thinks Bernanke’s views are insufficiently monetarist to merit his reappointment.
“Rather than defining inflation as something monetary in nature, the Bernanke Fed has reverted to Phillips Curve logic, suggesting inflation results from too much economic growth and too many people working,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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07-20-2009, 06:46 PM #2
- Join Date
- May 2007
- Location
- South West Florida (Behind friendly lines but still in Occupied Territory)
- Posts
- 117,696
Economist: Bernanke Will Kill Recovery
Economist: Bernanke Will Kill Recovery
Monday, July 20, 2009 10:39 AM
By: Dan Weil
Most experts, including investment legend Warren Buffett and former General Electric CEO Jack Welch, say Federal Reserve Chairman Ben Bernanke has done an excellent job handling the financial crisis and should be reappointed.
But economist John Tamny isn’t among them.
He thinks Bernanke’s views are insufficiently monetarist to merit his reappointment.
“Rather than defining inflation as something monetary in nature, the Bernanke Fed has reverted to Phillips Curve logic, suggesting inflation results from too much economic growth and too many people working,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
JOE BIDEN WANTS TO BRING IN GAZA RESIDENTS AND GIVE THEM...
05-02-2024, 01:19 PM in Videos about Illegal Immigration, refugee programs, globalism, & socialism