The Phaserl


The Real Economic Discussion

from The Daily Bell:

It Looks Like Everyone Owes Bernanke A Big Apology … Since the day the rally began in early 2009, basically they’ve always been wrong. The economy since the bottom has been characterized by steady, underwhelming improvement, and the only time the market has dived has been during periods when it looked like the economy might falter (most notably right after the 2011 debt ceiling brouhaha) … So if the aforementioned crowd is the loser, then the winner is Bernanke. – Business Insider

Dominant Social Theme: Central banking works, and Bernanke works best.

Free-Market Analysis: This is a revealing editorial in Business Insider because it shows more clearly than most what the deeper issues are surrounding Bernanke – and the worldwide discussion regarding his strategies and preferences.

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