Thursday, September 13, 2012

Bernanke Indeed Moves the Needle

Brad Plummer at Ezra Klein's Wonkblog quotes Economist Thoma saying that basically Fed Chief Bernanke responded to Woodford. If you look at this class act animated GIFs from 'rortybomb'; you would realize indeed that is so.

This a big deal, in the language of VP Biden, "Big F***ing Deal".

As I mentioned earlier, with European Economy possibly on mend, we are potentially looking at a big turnaround in Western Economies early next year. (That is why this talk about Bernanke helping Obama to get elected is bogus, since consequences of this move will be felt quite possibly after the elections only. Predictably Romney-Ryan line of non-sense did not find anything useful here.)

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