Fire Bernanke? Not As Easy as Gingrich Suggests
Our colleague Jon Hilsenrath writes at WSJ's Real Time Economics blog about Newt Gingrich 's vow to fire Federal Reserve Chairman Ben Bernanke , taking note of an American Spectator piece that says the promise isn't as easily executed as it sounds on the stump: 'If Gingrich wanted Bernanke gone and Bernanke refused, Gingrich would be faced with two ... (more)
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#1 Dec 16, 2011
The first option could work because Bernanke is a consummate testiliar.
A while back after the financial crisis started, Bernanke testified that he would not monetize US debt.
Bernanke gas monetized the debt with both QE1 & QE2. There's the malfeasance. Screw Bernanke. He has singlehandedly killed the US economy while sucking up to more powerful peers on Wall Street.
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