Ben Bernanke did it again. He gave into pressures from markets and lets everyone slap him around. He continues to make monetary decisions with a time frame which is shorter then the one of a day trader. The Federal Reserve under the helm of Ben Bernanke plays a very dangerous game with the economy and looses it. We all know that consumers have acted like they were on steroids and the Bernanke Fed took the role of the dealer, the entity that hands out those steroids. The problems that Bernanke tries to fix with his ultra-short term approach will only increase in size the more he interferes with the markets. He is a perfect example as of why a pure economist should not be allowed to make monetary decisions.
- Category: General National News
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