Sayeth Professor Ball: "Fed officials have not been transparent about the Lehman crisis."
His detractors condescendingly called former Fed Chairman Ben Bernanke “Helicopter Ben”. The post A Real Look at Helicopter Money was originally published at The Wall Street Examiner. Follow the money!
The main catalyst that has pushed stocks to new all time highs, and sent the Yen plunging the most in the 21st century last week, were reports that Ben Bernanke was urging Japan to unleash helicopter money. Indeed, just yesterday, the...Show More Summary
Whether Japan admits it or not, helicopter money - thanks to Ben Bernanke - is here, and the market's reaction this week was simply the first stage of pricing it in, as confirmed by the biggest drop in the Japanese currency this century. Incidentally,...Show More Summary
James Alexander directed me to a very interesting Bloomberg article: Ben S. Bernanke, who met Japanese leaders in Tokyo this week, had floated the idea of perpetual bonds during earlier discussions in Washington with one of Prime Minister Shinzo Abe’s key advisers.... He noted that helicopter money — in which the government issues […]
Good morning! The Japanese yen is tanking following some buzz that prime minister Shinzo Abe might be thinking about going for helicopter money. Bloomberg reported earlier on Thursday that former Fed Chair Ben Bernanke, who met withShow More Summary
Ben Bernanke is back at it. Bailout Ben, the “hero” who missed the housing bubble, then oversaw the single largest handout in crony capitalist history, all the while playing favorites and lecturing the rest of us that we should be grateful...Show More Summary
As previewed last week in "Something Big Is Coming: Bernanke To "Secretly" Meet With Kuroda; "Helicopter Money" On The Agenda", the week's key event, albeit behind closed doors, was the surprising meeting between Ben Bernanke and the BOJ's Kuroda as well as Japan's prime minister Abe. Show More Summary
Submitted by David Stockman via Contra Corner blog, Ben Bernanke is one of the most dangerous men walking the planet. In this age of central bank domination of economic life he is surely the pied piper of monetary ruin. At least since...Show More Summary
Ben Bernanke is one of the most dangerous men walking the planet. In this age of central bank domination of economic life he is surely the pied piper of monetary ruin. At least since 2002 he has been talking about “helicopter money” as if a notion which is pure economic quackery actually had some legitimate basis. Show More Summary
You can see former Federal Reserve Chairman Ben Bernanke at the Washington Nationals baseball games. He sits behind the Nationals dugout on the first baseline and wears an ill-fitting Nats cap and jaunty shorts. The post My Kuroda! Tokyo Welcomes Treasury Investors to ‘World of Japanification’ was originally published at The Wall Street Examiner. Follow the money!
When we first heard this past Thursday that private blogger and Citadel employee Ben Bernanke was going to "secretly" meet with both the BOJ's Haruhiko Kuroda and Japan PM Abe, we warned readers that "something big was coming." As noted late last week, "Bernanke will be in Japan next week. Show More Summary
Last Thursday, when we reported that Ben Bernanke was to "secretly" meet with Kuroda and Abe this week (he is said to have already met with Japan's central bank head earlier today), we said that "something big was coming" out of Japan which had "helicopter money" on the agenda. Show More Summary
Ben Bernanke at Brookings: How do people really feel about the economy?: Political outsiders have had quite a good year in the United States (and elsewhere), and many pundits have attributed their success to voters’ profound dissatisfaction with the economy....
Even Bennie Berns is pretty amazed at what he's seeing.
Huawei held its 6th ICT Finance Forum in Cancun from June 15 to 17. Huawei CFO Sabrina Meng delivered a keynote speech at the forum. The event attracted distinguished guests, including Ben S. Bernanke, former Chairman of the FederalShow More Summary
Submitted by Charles Hugh Smith from Of Two Minds Bernanke blew it big-time, letting the "recovery" run seven years without any significant increase in rates. It is now painfully obvious that Ben Bernanke blew it big-time by not raising rates three years ago when the economy and markets enjoyed tailwinds. Show More Summary
Bernanke blew it big-time, letting the "recovery" run seven years without any significant increase in rates.It is now painfully obvious that Ben Bernanke blew it big-time by not raising rates three years ago when the economy and markets...Show More Summary
Noah Smith: [Ben Bernanke’s "The Courage to Act"](http://www.cfr.org/content/newsletter/files/Smith-2016-International_Finance.pdf): "Autobiography... history... commentary on the economics profession and modern macroeconomics... >...political tract... Show More Summary
Ben Bernanke: Ending "too big to fail": What's the right approach?: In a recent speech at the Hutchins Center at the Brookings Institution, Neel Kashkari, the new president of the Federal Reserve Bank of Minneapolis, argued that we need new...