Bernanke and the Dollar…Part Two

In December, I posted about Ben Bernanke ( Bernanke’s Background and Near-Term US Monetary Policy ), specifically about how a basic understanding of Bernanke’s academic background and philosophical approach to monetary policy could be useful for predicting the general direction of interest rates, irrespective of prevailing economic conditions. This post, is somewhere between a follow-up and a step back. By this, I mean that when I last wrote about Bernanke, it was already a foregone conclusion that Bernanke would be approved for a second term as Chairman of the Fed. While his confirmation is still pretty…
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lucky8goldmine (Peter Mrakic) : @kevinolearytv Germanyconsidering the possibility of euro zone countries using central banks' gold reserves to back aEuropean Monetary Fund.. Updated : 2010-03-13T23:08:11Z | Reply | View Tweet |
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lucky8goldmine (Peter Mrakic) : Germany is considering the possibility of euro zone countries using their central banks' gold reserves to back a European Monetary Fund.. Updated : 2010-03-13T22:56:34Z | Reply | View Tweet |
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ErnestBey (Ernest Bey) : Damn, Central Banks of Europe collapsing, U.S. Dollar up ? Who pissed off who ?????.. Updated : 2010-03-13T20:16:48Z | Reply | View Tweet |
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Cash_Feed (Cash Feed) : Mauldin: The Velocity of Money: John Mauldin?s latest: The Velocity of Money The Federal Reserve and central banks... http://bit.ly/alaLrn.. Updated : 2010-03-13T18:00:22Z | Reply | View Tweet |
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StevenForth (Steven Forth) : RT @pkedrosky [post] Mauldin: The Velocity of Money http://dlvr.it/C8jy good insights on central banks & economic theory.. Updated : 2010-03-13T16:55:44Z | Reply | View Tweet |
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Fed Audit Supported By 75% Of Americans: Survey
[World News]The calls to audit the Federal Reserve have come fast and furious in the last few weeks. Fed Chairman Ben Bernanke is continuing to push back against a House bill that would give the Comptroller General the power to audit the central bank.
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Fed Would Be Shut Down If It Were Audited, Expert Says
[Political News]The Federal Reserve's balance sheet is so out of whack that the central bank would be shut down if subjected to a conventional audit, Jim Grant, editor of Grant's Interest Rate Observer, told CNBC.
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Zimbabwe: Over 2000+ Dead But No Mainstream Media Coverage
[World News]It's easily the worst humanitarian crisis right now: 5 million people (almost half the population) need food aid. More than 2200 people have died in a cholera outbreak. Unemployment at more than 80%. Central bank introduced Z$100tr note worth about $30 US dollars. But when was the last time that any major American media seriously cover this story?
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Zimbabwe introduces $100 trillion banknote
[World News]Zimbabwe's central bank will introduce a $100 trillion Zimbabwean banknote, worth about US $33 on the black market, to try to ease desperate cash shortages, state-run media said on Friday.
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Fed Refuses to Disclose Recipients of $2 Trillion in Lending
[Business & Finance]The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.
























