Ben Bernanke's monetary policy

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  1. myvoternation profile image57
    myvoternationposted 13 years ago

    Today's question: Do you believe Federal Reserve Chariman Ben Bernanke's monetary policy will cause inflation?

    Let's debate...

    **If you want, you can also post responses here on myvoternation site

    1. f_hruz profile image61
      f_hruzposted 13 years agoin reply to this

      Inflation? Are you serious?

      That's the short answer! The long one is right here ...

      http://hubpages.com/_opti/hub/Hade-enough-by-now

      1. canadawest99 profile image60
        canadawest99posted 13 years agoin reply to this

        2 ways to look at Bernake:

        1.  Clueless economist who has flooded the world with deflating currency to try to inflate corpse economy and whose actions will lead to hyperinflation, then an extreme retraction of the money supply with higher interest rates ala 1980 which will squeeze everyone on both ends.

        2. Or, posing as clueless economist to bring about some secret agenda.


        I vote 2.

    2. Ralph Deeds profile image66
      Ralph Deedsposted 13 years agoin reply to this

      Not likely. Bernanke has spent his life preparing for his job as head of the Fed. He knows what he's doing and will allow interest rates to rise when inflation shows signs of being a problem.

    3. weholdthesetruths profile image60
      weholdthesetruthsposted 13 years agoin reply to this

      Bernanke is as clueless as mouse wandering the works of a locomotive.  HE hasn't a clue what's going on... Or, he's just acting.   

      Either way, between the fed, and the federal government's insane spending...  We're anywhere from 3 months to 2 years of complete monetary collapse, when daily inflation could easily hit hundreds of percent.   

      These guys are the most reckless, stupid, and irresponsible people we've ever seen in office.

      1. bgamall profile image67
        bgamallposted 13 years agoin reply to this

        The Fed is not an office. The Fed is the private central bank that controls, up to this point, both parties.

        1. weholdthesetruths profile image60
          weholdthesetruthsposted 13 years agoin reply to this

          I know exactly who the fed is.

          1. bgamall profile image67
            bgamallposted 13 years agoin reply to this

            Did you see the Yahoo article today? I wrote about it before but no matter. People are learning that the banksters are extorting the politicians. http://finance.yahoo.com/loans/article/ … loans-home

            1. weholdthesetruths profile image60
              weholdthesetruthsposted 13 years agoin reply to this

              well, duhhh... long term loans at lower that sustainable rates with no proven equity is why so many are upside down and why we're facing this debt crisis.   F and F pump 13 TRILLION dollars of debt based money into the economy... secured by crap. 

              Thanks, social engineers on the left, you've screwed us over again and again and again.   

              Now maybe the price will come down, debt based home ownership will go back to some sanity, and eventually, we'll clear up all this toxic nonsense.

  2. knolyourself profile image60
    knolyourselfposted 13 years ago

    "13 TRILLION dollars of debt based money into the economy... secured by crap. 
    Thanks, social engineers on the left, you've screwed us over again and again and again."
    So capitalists on Wall Street who created these schemes are leftist. In the army they used to say, "left from your right".
    Quite surprising how many people didn't.

 
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