NP but The Confidence Man: Bernanke

David Morris fqmorris at gmail.com
Fri Sep 14 07:43:56 CDT 2012


You can't have it both ways.  Ben SHOULD have done this move two years
ago, and his action now is an admission that he was wrong not to do
so.  Period.  Any risk has not changed, so it is irrelevant in regard
to this overdue action.

David Morris

On Thu, Sep 13, 2012 at 9:03 PM, alice wellintown
<alicewellintown at gmail.com> wrote:
> Ben is a hero; he needed to act and he did. He did not wait for the poltical parade to roll down the street and pick a winner; he will not be hushed or threatened, pushed off a fiscal cliff. One could argue that he could have dione more sooner, but these arguments (i.e., Krugman & Co.) ignore the risks.



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