Open Thread - Waiting For Bernanke
Sep 21, 2011 at 1:06 PM
DailyBail in bernanke, bernanke, federal reserve, federal reserve

Waiting for Godot Bernanke's announcement on Operation Twist scheduled for 2:15 pm EST.  No matter what he says, it will disappoint the markets.  What sayeth you?

Feel free to post links in comments.

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I'll start with this one:

Matthew Yglesias Is An Economic Idiot

Where does Yglesais get his insane talking points, likely from super-Keynesian Brad Delong.

Hey Matt - more QE will not work.  QE1 - failure.  QE2 - failure.  Operation Twist - dead in the water.  There is nothing the Fed can do, outside of hope and pray for a time machine that catapults us forward a decade.  

 

 

 

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