tag:blogger.com,1999:blog-14963913.post7983359535724075215..comments2023-10-27T20:27:57.900-04:00Comments on Kid Dynamite's World: Fear Not: Bernanke Will Talk The Markets Back to HealthKid Dynamitehttp://www.blogger.com/profile/17475987512856310577noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-14963913.post-11053717429570752452010-07-22T06:38:16.959-04:002010-07-22T06:38:16.959-04:00Spot on, KD. The really scary thing is that BB pr...Spot on, KD. The really scary thing is that BB probably believes his own BS and thinks changing the Fed statement is meaningful (But, but, I told them I wasn't going to raise rates FOREVER--why won't they bid up risk assets again?????)<br /><br />Right now, all BB can do is exchange no-interest, no-maturity government debt for maturing, interest-bearing government debt (that includes the GSE's). Wake me up if he ever gets around to exchanging his FRN's for other assets.But What do I Know?noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-62553512378521779012010-07-21T20:44:21.379-04:002010-07-21T20:44:21.379-04:00Minyanville always said the last bullet the FED ha...Minyanville always said the last bullet the FED has will be loaded and aimed at itself; as in option #3!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-14963913.post-22409397529807330462010-07-21T17:33:02.289-04:002010-07-21T17:33:02.289-04:00Well said, KD. Those comments from Bernanke are r...Well said, KD. Those comments from Bernanke are ridiculous and should be recognized as such. And I think the market reacted today to what was really not a well-thought out testimony at all.<br /><br />We all knew a couple of years ago that the Fed was basically loading all of its bullets into the gun when they cut rates effectively to zero. Talking about changing the wording of their policy is about the dumbest thing I could imagine for him to say in this spot.<br /><br />Steve Wynn for Fed Chariman anyone???Hammer Player a.k.a Hoyazohttps://www.blogger.com/profile/17031535857121915911noreply@blogger.com