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Discussion in 'Political Issues' started by snerd, Oct 14, 2012.
Read more: http://www.americanthinker.com/blog..._bernanke_may_hurt_markets.html#ixzz29JZ8IMmD
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?"
Everyone dumps a turd all the time. It's just his turn to be dumped.
If Romney is elected, then Bernanke will have a year to change Romney's mind. If he can't do that he should go.
he needs to be flushed..... screw the attempted intimidation based on possible market reaction.
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.
Exactly the opposite will happen if Romney appoints someone with a rep for sound money management.
So, stocks will go on sale cheaper. Buying opportunity.
Bernanke could make us all rich beyond our wildest dreams:
The "new" price of a big mac.
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.
Make Ron Paul the Sec of the Treasury. . or head of the Fed. . That actually would be fun to watch!!
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.