its called inflation, banks are evil sob's but they have to up interest rates to offset inflation which efforts long term "mortgage" loans the worst. they should up the FED rate to promote savings and we need higher taxes on these rich mofo's. stop printing money there is plenty grow a pair and tax it out of greedy hands. the best regulation is taxes. you can't fix shit with the poor poorer and the middle class in debt. stop the trickle down, give the lesser more and they will spend it
American economics association... Ahh-hahahahahahahahahahahaha. What a fucking joke. I wonder if they invited any of the Americans from the Austrian university of economics?...You know. The ones who have been correctly predicting the financial and economic problems that have now come to pass, and will continue to haunt our children and grandchildren.
Lack of regulatory policy? What did the politicians do? They forced Fannie & Freddie, along with others, to give out loans ( due to low interest rates ) which brought people to buy and investors to invest which blew up that bubble and when reality hit & rates rose, the bubble popped and boom, here we are.
Bernake is trying to justify on why we "Need the fed" because the shit he is spewing is ass backwards.
Can't you see the hand behind is back?
usergently 2 years ago
its called inflation, banks are evil sob's but they have to up interest rates to offset inflation which efforts long term "mortgage" loans the worst. they should up the FED rate to promote savings and we need higher taxes on these rich mofo's. stop printing money there is plenty grow a pair and tax it out of greedy hands. the best regulation is taxes. you can't fix shit with the poor poorer and the middle class in debt. stop the trickle down, give the lesser more and they will spend it
sx200ser 2 years ago
Bernanke/Madoff 2012!
Tressco 2 years ago
audit the fed
burnpoi86 2 years ago 2
American economics association... Ahh-hahahahahahahahahahahaha. What a fucking joke. I wonder if they invited any of the Americans from the Austrian university of economics?...You know. The ones who have been correctly predicting the financial and economic problems that have now come to pass, and will continue to haunt our children and grandchildren.
cowboy1165 2 years ago
Now, copy and paste this in youtubes search bar ( Ron Paul You Created This Crisis ). Then roll it over in your own mind.
cowboy1165 2 years ago
Apparently, Mr. Bernanke has been listening to the criticism of Senator Sanders, et al.
moregravyplease 2 years ago
"low interest rates wasn't the problem"
What an idiot.
Lack of regulatory policy? What did the politicians do? They forced Fannie & Freddie, along with others, to give out loans ( due to low interest rates ) which brought people to buy and investors to invest which blew up that bubble and when reality hit & rates rose, the bubble popped and boom, here we are.
Bernake is trying to justify on why we "Need the fed" because the shit he is spewing is ass backwards.
MrMP81 2 years ago
Hmmm, the dog ate my home work didnt work for me. Then again I was only in school and not running the finances of a country.
RESET1776 2 years ago
Bernanke is dumb.
siasina 2 years ago
What Regulatory Policy?
ZedAlfa273 2 years ago