[Over at Equitable Growth]: I confess that I think it is time to stop trying to make sense of John Taylor's views on the Taylor rule. There simply seem to be too many gaps in logic, and too many assertions about the literature that I cannot understand. Show More Summary
While Ben Bernanke will never agree that global economic growth has ground to a halt as a result of his monetary policies, a phenomenon which in the past year has been dubbed "secular stagnation" by the very serious weathermen (and will...Show More Summary
Bernanke's speech back in 2002 can help shed some light on the question of how asset prices have been taken under consideration in the past by the Fed. It also helps explain how these prices will affect monetary policy in the future...
Former Fed chairman Ben Bernanke will be remembered by future generations as the guy who didn’t see a housing bubble while he was creating it. That is, unless he says something even dumber, like this...
SEOUL (Reuters) - Former Federal Reserve Chairman Ben Bernanke said on Wednesday there were no signs of extreme movements in the U.S. real estate and financial markets, but criticized the U.S. Congress for failing to approve the IMF reform measures. Show More Summary
Retired central banker, blogger, bond guru and hedge fund consultant Ben Bernanke just uttered the following total rubbish... BERNANKE: NO LARGE MISPRICINGS IN U.S. SECURITIES, ASSET PRICES In an effort to save whoever it is that will pay him $250,000 next for these wise words, we offer five charts. Show More Summary
Former Federal Reserve Chairman Ben Bernanke struck back at a bipartisan Senate bill designed to rein in the central bank’s emergency-lending powers.
Last week, a photo of the oddest couple in finance, Peter Schiff and Ben Bernanke together "celebrating the economic recovery", promptly went viral. As it turns out there was more to the story. On his Friday podcast, Peter Schiff told the story of his encounter with Ben Bernanke at the SALT Conference last week where he took the photo above. Show More Summary
Via ConvergEx's Nicholas Colas, Recent press accounts report that former Federal Reserve Chairman Ben Bernanke gets seven figures from money management firms, presumably to consult on all things economic. Fair enough – markets set prices for everything, even former Fed Chairs. Show More Summary
Ramona's Voices: Sarah Palin: Out. Carly Fiorina: In. Frankly Curious: Ben Bernanke and modern patronage. MadMikesAmerica: Supporting the rights of Pamela Geller. Shakesville: Making a federal case out of one's own bigotry. Pandaemonium: Living in diversity. This installment by Batocchio. E-mail tips to mbru AT crooksandliars DOT com.
The oddest couple out there? Probably. h/t @Stalingrad_Poor
This is classic. There is (finally) a picture of former Federal Reserve chair Ben Bernanke and Peter Schiff of Euro Pacific Capital, one of the most outspoken Fed haters and gold bugs around. Both Schiff and Bernanke are at the SALT...Show More Summary
Submitted by David Stockman via Contra Corner blog, Ben Bernanke’s skin is as thin, apparently, as is his comprehension of honest economics. The emphasis is on the “honest” part because he is a fount of the kind of Keynesian drivel that passes for economics in the financially deformed world that the Bernank did so much to bring about. Show More Summary
Ben Bernanke’s skin is as thin, apparently, as is his comprehension of honest economics. The emphasis is on the “honest” part because he is a fount of the kind of Keynesian drivel that passes for economics in the financially deformed world that the Bernank did so much to bring about. Just recall that he first joined the…
Submitted by Pater Tenebrarum via Acting-Man.com, Bernanke Keeps Cashing In – PIMCO Finds Some Use for the Ex-Fed Chairman too We recently wrote about Ben Bernanke’s deft moves to make some coin from his former position as the US chief...Show More Summary
At MoneyWatch: Ben Bernanke's bad example, by Mark Thoma: The recent announcements that former Federal Reserve Chairman Ben Bernanke has accepted a position as a senior adviser at Pimco and a similar position at hedge fund Citadel have raised questions...
Ben Bernanke is much feistier as a public commentator than he was as Federal Reserve chairman. One knock on Mr. Bernanke during his tenure as Fed chief was that he was too deferential to dissenting views, which sometimes slowed or muted the Fed’s responses to the 2007-2009 financial crisis and its after-effects.
Now that he is no longer the chairman of the Federal Reserve and is now a blogger, Ben Bernanke is free to point out certain obvious truths he couldn’t say previously, such as the fact that The Wall Street Journal editorial page is run by crazy people. Bernanke is not... More »
Federal Reserve chairs are experts at being boring. They use words like "moderate," "uncertain," or "stability" like we use the words "um," "and," or "but." It's, as former Fed Chair Alan Greenspan put it, a "language of purposeful obfuscation" that drones on so long you forget what was just asked, let alone whether this answered […]
Ben Bernanke rips WSJ editorial board; Criminal probe opened into Lumber Liquidators; Berkshire post-Buffett; "Robert Downey Jr. Calls Interviewer a 'Syphilitic Parasite' and 'Clown'"; and more.