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Romney's plan to dump Bernanke may hurt markets

Discussion in 'Political Issues' started by snerd, Oct 14, 2012.

  1. snerd

    snerd

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  2. countrygun

    countrygun

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    It begs the question be asked,

    "If the hypothesis is true, then isn't that a good reason, in and of itself, to do it?"
     

  3. janice6

    janice6 Silver Member

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    Everyone dumps a turd all the time. It's just his turn to be dumped.
     
  4. czsmithGT

    czsmithGT

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    If Romney is elected, then Bernanke will have a year to change Romney's mind. If he can't do that he should go.
     
  5. DOC44

    DOC44

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    he needs to be flushed..... screw the attempted intimidation based on possible market reaction.

    Doc44
     
  6. cowboy1964

    cowboy1964

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    At this point anything less than full speed ahead with money printing is going to hurt the markets.

    Bernanke should be kicked out on his arse.
     
  7. beforeobamabans

    beforeobamabans FYPM

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    Exactly the opposite will happen if Romney appoints someone with a rep for sound money management.
     
  8. ChuteTheMall

    ChuteTheMall Witless Protection Program

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    So, stocks will go on sale cheaper. Buying opportunity.:cool:
     
  9. ChuteTheMall

    ChuteTheMall Witless Protection Program

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    Bernanke could make us all rich beyond our wildest dreams:



    [​IMG]
     
  10. janice6

    janice6 Silver Member

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    The "new" price of a big mac.
     
  11. czsmithGT

    czsmithGT

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    From a practical standpoint it would be virtually impossible for Romney to fire the Fed Chairman prior to the end of his term in January 2014. Whether he could convince him to quit is another matter.
     
  12. wjv

    wjv

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    Make Ron Paul the Sec of the Treasury. . or head of the Fed. . That actually would be fun to watch!!
     
  13. GAFinch

    GAFinch

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    A few years ago, people were saying that we couldn't be too harsh on China's currency manipulation practices since they owned a good chunk of our debt. The same now applies to the Fed, which now owns more of our debt than China does. Attacking the Fed too harshly and doing an immediate audit will expose their own currency manipulation and send interest rates soaring past the threshold of us being able to pay off our debt, but we also can't let him continue obscenely violating both Austrian and Keynesian economic principles and send inflation rates soaring.