Nearly every day, more Keynesian clowns show up trumpeting the benefits of more government spending and more financial debt.
For example, please consider the Telegraph article Ben Bernanke needs fresh monetary blitz as US recovery falters by Ambrose Evans-Pritchard.
Fed watchers say Mr Bernanke and his close allies at the Board in Washington are worried by signs that the US recovery is running out of steam.
read more
The whole Testimony is here. Below are the highlights. On Recent economic situation, Ben Bernanke said: More recently, however, we have seen increased evidence that a self-sustaining recovery in consumer and business spending may b... Read Post
Proving that he far more of a Monetarist clown than a Keynesian clown, Bernanke Calls on Lawmakers to Consider Rules on Fiscal Limits Federal Reserve Chairman Ben S. Bernanke called on U.S. lawmakers to consider rules limiting feder... Read Post
Nearly every day, more Keynesian and Monetarist clowns show up trumpeting the benefits of more government spending and more financial debt. For example, please consider the Telegraph article Ben Bernanke needs fresh monetary blitz a... Read Post