Thursday, March 13, 2008

Bernanke keeps to his 2002 script on how to avoid deflation

Bernanke Playbook Gives Hints on Fed's Next Moves

"So, brace yourself for a Fed funds rate close to zero, interest-rate-free loans in exchange for a much wider range of debt collateral, and further dollar weakness. And, if Helicopter Ben sticks to the script, the Fed might even guarantee the value of two-year Treasury notes. Strange days indeed."

Posted by happyrenterz @ 10:43 PM (511 views)
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One thought on “Bernanke keeps to his 2002 script on how to avoid deflation

  • An insightful prognosis of the US situation.

    It’s obvious Trichet’s calls for dollar stability are falling on deaf ears.

    Expect the dollar to fall again………

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