Re: Bernanke: Game Over
Add to that the debt we took on for Iraq and Afganistan; all the funding was off budget. The Fed is pushing on a wet noodle with interest rates, and has been for quite a while now. Lower interest rates don't do a thing if no one wants to lend. Discount windows and other Fed rabbits are getting few and far between, Berneke needs to stop sticking his hand in the top hat because of late all he's getting is the Bullwinkle effect (it's never a rabbit).
"All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python