Thursday
Dec132012
Ben Bernanke As A Child
Before he got the helicopter, young Ben practices for QE...
Here's what happens when you add QE to the economy...
Before he got the helicopter, young Ben practices for QE...
Here's what happens when you add QE to the economy...
Reader Comments (12)
http://www.dailykos.com/story/2012/09/11/1130561/-Monetary-Policy-Explained-With-Animated-GIFs
http://rortybomb.wordpress.com/about/monetary_gif/#ixzz26SiLUd3V
On the day that Federal Reserve Chairman Ben Bernanke announced QE3, his latest attempt to heal the economy, a rare and never before seen photo of Ben as a child has been uncovered. After seeing this picture it's obvious that he was practicing to be Chairman even as a young boy!
Video Replay: The Bears explain QE3! (http://bit.ly/QJZn9t)
An animated video that explains in simple terms what QE3 is and why it most likely won't work. While printing money will keep interest rates near zero neither QE1 or QE2 have made any difference in the creation of jobs or in the stimulation of the economy.
Is it the definition of insanity to think it will work this time? Or is it the definition of politics!
Michael Haltman
The Political Commentator
New York, New York
Twitter: @ThePoliticalCom
Long time. What are you up to these days.
I've managed to switch the focus of my obsessive compulsiveness from politics and finance to things a little less frustrating like golf and law school. :)
What about you? Besides running The DB of course.
Now that's a way to get me to come to one of the liberty festivals.
But, you know, we did have the Florida Liberty Summit in Orlando, Florida with RP as the keynote, for three years. It's not like it's surrounded by hundreds of courses or anything. ...And, most importantly, I spoke at at least one of them. ;) http://tinyurl.com/9z8bvtf
http://www.youtube.com/watch?feature=player_embedded&v=pTUi5qB9LKE#!
http://1.bp.blogspot.com/-W_Fxkv7QBDU/T0cOh4zmudI/AAAAAAAAIFM/858SOMYavrs/s1600/Satan.jpeg