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Bernanke: Fed May Launch New Round of Stimulus
CNBC.com ^ | Wednesday, 13 Jul 2011 | Jeff Cox, CNBC.com Staff Writer

Posted on 07/13/2011 4:36:31 PM PDT by Iam1ru1-2

Edited on 07/13/2011 5:00:29 PM PDT by Admin Moderator. [history]

Bernanke said in prepared remarks that the economy is growing more slowly than expected, and should that continue the central bank stands at the ready with more accommodative measures.

"However, given the range of uncertainties about the strength of the recovery and prospects for inflation over the medium term, the Federal Reserve remains prepared to respond should economic developments indicate that an adjustment in the stance of monetary policy would be appropriate."


(Excerpt) Read more at cnbc.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: clueless
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1 posted on 07/13/2011 4:36:32 PM PDT by Iam1ru1-2
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To: Iam1ru1-2

It’s official.
There is snail excrement that is smarter than Bernanke.


2 posted on 07/13/2011 4:41:49 PM PDT by Darksheare (You will never defeat Bok Choy!)
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To: Iam1ru1-2

Continue that path of destruction!

The vandals are coming back


3 posted on 07/13/2011 4:41:56 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: Iam1ru1-2

Printing MOre money are we? Sell your US dollars and buy Australian.

These liberal facisists in the Obama regime deserve the utmost ridicule.

They do not have any money for their ACORN programs, or their Union buddies if the debt ceiling is not increased.

Thats the long and short of it.

I SAY STARVE THE B__TARDS.


4 posted on 07/13/2011 4:42:53 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: Iam1ru1-2

There is a saying that liberals don’t understand when something they try doesn’t work; they just think they haven’t done enough of it.

And what part of “this country is broke” don’t they understand?


5 posted on 07/13/2011 4:44:56 PM PDT by fatnotlazy
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To: Iam1ru1-2

I guess Ben finally got that new shipment of refill ink for the printers.


6 posted on 07/13/2011 4:45:10 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: Iam1ru1-2
QE∞, here we come!
7 posted on 07/13/2011 4:46:04 PM PDT by WhistlingPastTheGraveyard (Some men just want to watch the world burn.)
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To: Iam1ru1-2

Make them stop...just freakin’ stop it Washington D.C.

Default... please, please...actually default.

Then can we just shut it down and the only ones allowed back in are those willing to volunteer to save our Nation’s backside and our children’s futures.

I will gladly go through this hell now...if it means my great nieces and nephews will live in freedom.


8 posted on 07/13/2011 4:49:12 PM PDT by EBH ( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
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To: Iam1ru1-2

9 posted on 07/13/2011 4:50:16 PM PDT by justa-hairyape
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To: Iam1ru1-2

That’s the problem with government. No matter how many times you fail, you get to keep doing the same thing over and over again.


10 posted on 07/13/2011 4:50:42 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Iam1ru1-2

11 posted on 07/13/2011 4:51:36 PM PDT by MinorityRepublican
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To: Iam1ru1-2
LMFAO

I just spit Coke all over the keyboard.

This was yesterday my FRiends - the markets open a couple hours here in Southeast Asia -

It is going to be a BLOODBATH!!

An American Expat in Southeast Asia

12 posted on 07/13/2011 4:52:56 PM PDT by expatguy (Donations make Expat Better!)
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To: GeronL

I was watching this Bozo on C span this morning and He thought that the devaluing the dollar didn’t cause inflation or the cost of oil going up....


13 posted on 07/13/2011 4:54:27 PM PDT by tallyhoe
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To: expatguy
Sorry the chart did not show up - you can imagine what it is...

The dollar getting beaten like a red-headed stepchild.

14 posted on 07/13/2011 4:54:42 PM PDT by expatguy (Donations make Expat Better!)
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To: Iam1ru1-2
TIME TO ABOLISH THE FED.
15 posted on 07/13/2011 4:55:38 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Iam1ru1-2

16 posted on 07/13/2011 4:59:02 PM PDT by Uncle Miltie (Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
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To: Iam1ru1-2

17 posted on 07/13/2011 4:59:11 PM PDT by Uncle Miltie (Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
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To: MinorityRepublican
You realize that the US Treasury has the Constitutional ability to “mint” money too. (Section I article 10 notwithstanding.)

This could get very very ugly. Fugly in fact.

18 posted on 07/13/2011 4:59:54 PM PDT by Mikey_1962 (Obama: The Affirmative Action President. Alea iacta est!)
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To: Iam1ru1-2

One last QE before the elections to promote what is left of the economy to bolster reelection chances.


19 posted on 07/13/2011 5:00:33 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Uncle Miltie

20 posted on 07/13/2011 5:02:15 PM PDT by Uncle Miltie (Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
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