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Fed's Bernanke advises BOJ to reflate, cooperate


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Posted

Housing bubble to continue...

 

Cash is trash!

 

Boosting inflation would ease pressure on debtors and the financial system, he said.

 

"A period of reflation would also likely provide a boost to profits and help to break the deflationary psychology among the public, which would be positive factors for asset prices as well," he said. Reflationary policies in Japan and the United States helped them through the Great Depression, he said.

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Posted
Housing bubble to continue...

 

Cash is trash!

 

Boosting inflation would ease pressure on debtors and the financial system, he said.

 

"A period of reflation would also likely provide a boost to profits and help to break the deflationary psychology among the public, which would be positive factors for asset prices as well," he said. Reflationary policies in Japan and the United States helped them through the Great Depression, he said.

Just thinking of that horrible scenario................makes me want to take out a bucket..........................

 

Back to Vomiting..................

Posted

it will fail.

 

There is no "free lunch" :lol:

 

Typical hope blabber as we descend down the slope of hope.

 

"Second half recovery", hmmm, been chanting that in 2001, 2002, 2003 and probably until the cows come home.

Posted

If it doesn't equate, you must reflate!

 

-"cochrane" bernanke

Posted
Housing bubble to continue...

 

Cash is trash!

 

Boosting inflation would ease pressure on debtors and the financial system, he said.

 

"A period of reflation would also likely provide a boost to profits and help to break the deflationary psychology among the public, which would be positive factors for asset prices as well," he said. Reflationary policies in Japan and the United States helped them through the Great Depression, he said.

 

somebody better tell that jackass that prices of finished products are not the only prices that rise... commodity price increases can outpace retail price increases! how about decreasing the debt? oh, probably too late for that.

 

higher prices do not equal wealth.

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