tag:blogger.com,1999:blog-6616959642391988608.post3991857973538955660..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Thank you, Mr. BernankeScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6616959642391988608.post-79564199845835197572011-08-26T09:40:24.231-07:002011-08-26T09:40:24.231-07:00In the department of "I saw green, and you sa...In the department of "I saw green, and you saw blue."<br /><br />Bernanke offers hint of Fed action<br />By Robin Harding in Jackson Hole, Wyoming<br />The US Federal Reserve “is prepared to employ its tools as appropriate to promote a stronger recovery”, chairman Ben Bernanke said in a speech at Jackson Hole on Friday, dropping a broad hint that the US central bank will soon do more toBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12618838089483283582011-08-26T09:16:33.771-07:002011-08-26T09:16:33.771-07:00In the long run, yes. I guess if you go out a 50 y...In the long run, yes. I guess if you go out a 50 years or so. <br /><br />But explain Japan. Are we to believe that new structural impediments suddenly emerged in Japan in 1990, and have held down growth since? <br /><br />For now, we need an expansionary, and inflationary monetary policy. <br /><br />The overly timid and cautious Bernanke-san is channeling the Bank of Japan. This does not Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com