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This page contains all of the posts and discussion on MemeStreams referencing the following web page: St. Bernanke's Fight Against the Deflation Dragon. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

St. Bernanke's Fight Against the Deflation Dragon
by Decius at 11:13 am EDT, Jun 7, 2012

For Bernanke another round of QE is inevitable. As "Operation Twist" ends the economy, employment and the markets have begun to show cracks as they have each time stimulative efforts by the Federal Reserve have come to an end. The problem for Bernanke is that despite calls for assistance in policy efforts to promote economic growth from the current Administration - Congress and Senante have remained deadlocked in dispute blocking any potential actions. This has left Bernanke standing alone, facing the dragon, knowing that these programs have little long term effect. Each previous attempt to slay the beast has had a diminishing rate of return and a negative impact on the consumer. Lower rates have failed to spur demand for borrowing, expansion or increased employment.


 
 
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