Combs Spouts Off

"It's my opinion and it's very true."

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Posts Tagged ‘bernanke’

Bernanke began at an early age

Posted by Richard on September 14, 2012

Mark J. Perry has evidence showing that Ben Bernanke developed certain proclivities early in life which remain with him to this day.

🙂

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Eating our seed corn

Posted by Richard on March 31, 2012

The economic recovery isn’t going well in a number of respects, according to Reason’s Tim Cavanaugh. Americans are earning less (after taxes and inflation) and spending more. So borrowing has increased and saving has collapsed. The cheerleaders for the Obama administration and the Bernanke Fed at CNN think this is good news.

Of course it is. Any farmer will tell you that the way to ensure bigger harvests in the future is to eat some of your seed corn.

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The Bernanke crash

Posted by Richard on September 22, 2011

Ronald Reagan famously said that the most frightening words in the English language are "I'm from the government and I'm here to help." Yesterday, Ben Bernanke declared "I'm from the Federal Reserve and I'm here to help." The S&P 500 has dropped over 6% since. I think we may have reached the point where investors react with panic whenever the government threatens yet again to "fix" things.

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