Search found 7506 matches
- Mon May 06, 2024 4:40 pm
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
During the Greenspan era, it was thought by some that blowing a generational bubble was OK because it would give the new technologies time to be commercialized and there would be some long term benefit to getting the internet companies established, then popping the bubble to revert everything back t...
- Mon May 06, 2024 11:27 am
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
Provided it was in the "right" neighborhood. Old Economy Steve meme.Higgenbotham wrote: ↑Mon May 06, 2024 11:25 amI suppose if the average worker bought a house a long time ago he did OK too.
https://nymag.com/intelligencer/2013/05 ... steve.html
- Mon May 06, 2024 11:25 am
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
These charts cover both the Greenspan and Bernanke eras. Though Bernanke's policies seemed more extreme, the outcome was about the same. I suppose if the average worker bought a house a long time ago he did OK too. https://i.postimg.cc/7hKKvRpC/Screenshot-2024-05-06-095744.png https://i.postimg.cc/g...
- Thu May 02, 2024 3:00 pm
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
Remarks by Governor Ben S. Bernanke Before the National Economists Club, Washington, D.C. November 21, 2002 Deflation: Making Sure "It" Doesn't Happen Here A broad-based tax cut, for example, accommodated by a program of open-market purchases to alleviate any tendency for interest rates to increase...
- Thu May 02, 2024 2:42 pm
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
Fed needs mortgage-backed securities exit plan 'earlier than later,' George says By Howard Schneider January 23, 202312:36 PM CST WASHINGTON, Jan 23 (Reuters) - Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms "earlier than later" on a plan for the U.S. ...
- Thu May 02, 2024 2:37 pm
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
FAQs: MBS Purchase Program The following frequently asked questions (FAQs) provide further information about the Federal Reserve’s $1.25 trillion program to purchase agency mortgage-backed securities (agency MBS). The MBS program completed its purchases on March 31, 2010, but will continue to settl...
- Thu May 02, 2024 2:36 pm
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
Remarks by Governor Ben S. Bernanke Before the National Economists Club, Washington, D.C. November 21, 2002 Deflation: Making Sure "It" Doesn't Happen Here To stimulate aggregate spending when short-term interest rates have reached zero, the Fed must expand the scale of its asset purchases or, poss...
- Thu May 02, 2024 12:52 pm
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
These are John's comments a few days after Bernanke was nominated. Ben S. Bernanke: The man without agony Bernanke and Greenspan are as different as night and day, despite what the pundits say. (29-Oct-2005)Summary Ben S. Bernanke, President Bush's nominee for the new Fed Chairman, is completely dif...
- Thu May 02, 2024 11:48 am
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
OCTOBER 24, 2005 Federal Reserve Chairman Announcement President Bush announced his selection to replace Federal Reserve Chairman Alan Greenspan, whose term would expire January 31, 2006. In the Oval Office announcement attended by both the nominee and outgoing chairman, he nominated Ben Bernanke, t...
- Thu May 02, 2024 11:35 am
- Forum: The New Dark Age
- Topic: Higgenbotham's Dark Age Hovel
- Replies: 1987
- Views: 2928433
Re: Higgenbotham's Dark Age Hovel
Bernanke taught at the Stanford Graduate School of Business from 1979 until 1985, was a visiting professor at New York University and went on to become a tenured professor at Princeton University in the Department of Economics. He chaired that department from 1996 until September 2002, when he went...