Re:Real-time market monitoring finds signs of brewing U.S. h...
by spaetzleesser on Thursday March 31, 2022 @05:44PM
(#30872526)
I still remember Bernanke’s pronouncements before the 2008 crash that everything is just fine. It’s hard to not conclude that they either aren’t very competent or are playing political games.
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Re:Real-time market monitoring finds signs of brewing U.S. h...
by JumpCrisscross on Thursday March 31, 2022 @06:12PM
(#30872784)
> remember Bernanke’s pronouncements before the 2008 crash that everything is just fine
The Fed chair saying "we're fucked" is, on its own, enough to cause a credit crisis. (This is why the Fed doesn't tend to make blanket forward-looking statements like "everything is just fine.")
Re:Real-time market monitoring finds signs of brewing U.S. h...
by spaetzleesser on Thursday March 31, 2022 @10:02PM
(#30874447)
I am not aware of them silently doing something about the mortgage bubble either.