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Bernanke Has Already Told Us: More Stimulus Is Coming

By: Decomposed in ROUND | Recommend this post (0)
Mon, 10 Sep 12 10:59 PM | 30 view(s)
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Bernanke Has Already Told Us: More Stimulus Is Coming

By Caroline Baum

Sep 10, 2012 12:40 PM ET

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Let us further stipulate that Bernanke is a man of his word. Agree or disagree with his policies, he is a person of character. Therefore, we should expect the Fed to announce additional stimulus at the conclusion of this week's meeting.

Bernanke has been laying the groundwork for months. The minutes of the July 31-Aug. 1 policy meeting say additional measures "would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in the pace of the economic recovery."

More: http://www.bloomberg.com/news/2012-09-10/bernanke-has-already-told-us-more-stimulus-is-coming.html

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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