If you lower the intrest rates you can encourage spending because people choose to invest rather than save when rates are low. If you hold the rates low for a prolonged period of years the markets get hot, and inflation starts to increase. The housing market inflated almost 100% in 5 years in most of the wealthy parts of the country. That should be a clear sign that the rates are too low and need to be raised. Ben Bernanke kept the rates low allowing the market to continue. He knew exactly what was going to happen, because I knew a year before. The hot markets started to slow, and the bankers Ben conspires with told him to lower the rates more. If he had raised the rates and allowed the market to slow, economic elasticity would have started to catch up, instead he rode the horse until it died.
The Federal Reserve is a socialist economic system that manipulates the value of the currency. In a true free market there should be no need for market and currency manipulation. The Federal Reserve is a taxpayer embezzlement scam controlled by foreign bankers and inside traders.
Bernanke yeah were going to milk it for all Americas worth we'll definitely come back for a second round Third forth what ever it takes to get the country in a position it can't take us on. Then we'll piss of to another country and have refuge build arms to keep America off our trail. Their is no way were going for high treason. Hey Bernanke i got news for ya The whole world saw what you did, So you have nowhere to run. No country needs the FED Banksters.
Stringyheads 3 months ago
like oh-my-gosh ... totally ... don't like wurry ... ya know. Smile Let's do lunch!
Propaganda. It didn't work becuz it wasn't supposed to work .. it was to stall for time so the rich and powerful can cash out and move to Asia before our country collapses into bankruptcy (yeah, not being able to pay the interest on your loan from China is Federal Bankrupcy.
TV is used by the govt to brainwash ppl to stay calm until it all collapses. Why do u think Obama kept extending the digital TV coupons
pccchurch 1 year ago
What can you expect from main stream media cheerleaders who got hired mainly for their looks.
numag1 1 year ago
Damn cheerleading MSM. We are in Depression!
EMPIRE0FLIES 1 year ago
the tools he spoke of are like these to idiots. He says something and the media spins it the rest of the cycle. His Tools At His Disposal....
MILLSTREETMED 1 year ago
The language used today is a mix of positive loaded with negative facts. There really is trouble up ahead, this is the message, they can't cover it up too well for too long before people open their eyes to the problems.
curiousEGM 1 year ago
@AmericanSurvival101 Yes, now we are going to rally the economy by keeping our fingers crossed and waiting (for f*cking what?). Tomorrow I'm buying a voodoo doll and I'm going to call it Bernanke. You know how to treat one of these dolls don't you? Maybe we can yank out a recovery if we stab the doll with a spike or some other sharp object! Learn at least how bad things will be getting because they are getting much worse.
curiousEGM 1 year ago
We are heading into the greatest depression anyone can even imagine.......
These people have no idea what they are talking about. Get ready for the total collapse, and people running wild in the streets hungry, and will to do ANYTHING for food and water!
AmericanSurvival101 1 year ago
this is FALSE PROPAGANDA.........
ruddip 1 year ago
What utter RUBBISH.
NowisEvollovetion 1 year ago