Posted on 11/08/2010 5:10:56 PM PST by sussex
Oh yes – let’s have a great laugh at Sarah Palin’s lack of enthusiasm for Bernanke’s policy. And while were at it let’s poke fun at Federal board member Kevin Warsh, and World Bank president Robert Zoellick…..and the chief of Brazil’s Central Bank…
As for the Germans – this guy is a real barrel of laughs
(Excerpt) Read more at theagedp.com ...
What would be her monetary policy?
Before Obastard, the printing of money to “buy” our debt was unthinkable.
They called Glenn Beck a conspiracy theorist for predicting it.
Guys please go read creature from jekyll island.
I think they need another story trashing one of her family members, the “hick” is sounding a whole lot more sensible than the Harvard elites.
How about not using monetary policy as a substitute for fiscal policy. We just had an election that convinced almost all Congress folk that Americans want no more fiscal stimulus bullcrap. But Bernanke does so he simply cranks up the presses.
That book is one of the best books I have ever read on this issue and EVERYONE needs to read it to wake up as to what is going on.
I think that every conservative should make it clear that the Fed’s job is to give us a stable dollar. The actual mechanism can be up for debate but we all have to agree that we have to stop this inflation nonsense.
She has a towering intellect and that’s bugging her rivals who can’t understand how because she didn’t go to an elite school...
a strong dollar. which will bring food/fuel prices down. It would increase savers and cause a decrease in import prices which will increase demand, which would cause business to hir, which would increase demand.
A strong dollar is the correct monetary policy for a net importer of goods and services.
hover that $13 trillion in debt is the reason the Fed and federal gov want a weak $. but they need to reduce the debt by fiscal policy not monetary policy
You don’t want a strong or a weak dollar. You want a balanced dollar.
The free market knows how to set prices so that the price of apples is fair for both the guy who wants to buy apples and the guy who sells apples. But what you are doing is like having the government arbitrarily setting a price for apples that is very very off.
At least the article doesn’t identify the cult as Christian.
Whoops, wrong thread.
I see your point...not sure I agree
What is Sarah Palin’s monetary policy? Same as her other policies — common sense!
You don’t have to have a degree in economics to understand Ben Bernake’s magic bean-pot BS.
Imagine that you get a $100 overdraft notice from your bank.
You decide to cover the overdraft by writing a check for $1000 drawn on the overdrawn account and depositing it to the same overdrawn account. You figure you now have a surplus of $900 in your account so you write checks for another $800 and then announce to your friends that you have succeeded in turning the $100 deficit into a $100 surplus on top of having “stimulated” the economy with your $800 purchases! [maybe they should appoint you their financial manager]
That’s Obamanomics 101.
Even a real person, without a trust fund or minority grant, who had to actually work her way through a state university instead of an ivy league progressive indoctrination camp, can understand that.
That understanding is a manifestation of “common sense conservativism.”
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