Category: Bernanke

Inflation: so it begins

3 November, 2010 (16:06) | Bernanke, Capital markets, Deficits, Global news, Inflation, Monetary Policy, Speculation, US News |

By: David A. Smith   As J. R. R. Tolkien once wrote, so it begins.  As reported in Bloomberg News, there is a stirring behind the Misty Mountains:   Treasury Draws Negative Yield for First Time During TIPS Sale   Negative return – investors are paying to give their money to Treasury for a short […]

A win is a win: Part 2, what didn’t happen

17 February, 2010 (10:40) | Bernanke, Capital markets, Federal Reserve, Housing, Inflation, Policy, US News |

By: David A. Smith   [Continued from yesterday's Part 1.]   Yesterday, examining the New York Times‘ reporting of Ben Bernanke’s reconfirmation as Federal Reserve Chairman, we saw that the Times focused on what happened – a 70-30 final vote – rather than the mountainously glaring things that didn’t happen:   “But the Senate did […]

A win is a win: Part 1, what happened

16 February, 2010 (13:07) | Bernanke, Capital markets, Federal Reserve, Housing, Inflation, Policy, US News |

By: David A. Smith   It’ll go down in the box score as a line drive, baseball announcers chortle when a seeing-eye dribbler finds the hole between shortstop and third – as if claiming a base that way is somehow unmanly.    Doesn’t look unmanly to me   Yet newly reconfirmed Chairman Ben Bernanke knows, […]