Please listen to this comment by Mr. Keene from Bloomberg on Mr. Bernanke, the Fed chairman:http://www.bloomberg.com/video/keene-on-bernanke-never-seen-this-type-of-hatred-0icjz0saSJ64uNDQ62_~Vw.htmlSorry, the link does not seem to work, but go to the bloomberg.com website and you should be able to find it.What do you think about Mr. Keene's comment?As you might know, Congress left town (Washington DC), not to return until after the election, in order to campaign for their reelection, in spite of the fact that much work needs to be taken care of, including finding a solution for the "fiscal cliff" before the end of the year (and then there will be the election itself, the thanksgiving break and the Christmas holidays). Only the unelected members of the Fed remain in town to handle the economy, even though most economists tend to think that fiscal policy would be more effective at this time than monetary policy.If you were abenevolentdictator/king (assuming that there is such a thing), how would you conduct monetary and fiscal policy in the U.S.?
HYPERLINK "javascript:Message.refreshTree();" Monetary and Fiscal policy ???? ??????? Question" Please listen to this comment by Mr. Keene from Bloomberg on Mr. Bernanke, the Fed chairman: HYPERLINK "http://www.bloomberg.com/video/keene-on-bernanke-never-seen-this-type-of-hatred-0icjz0saSJ64uNDQ62_~Vw.html" http://www.bloomberg.com/video/keene-on-bernanke-never-seen-this-type-of-hatred-0icjz0saSJ64uNDQ62_~Vw.html Sorry, the link does not seem to work, but go to the bloomberg.com website and you should be able to find it. What do you think about Mr. Keene's comment? As you might know, Congress left town (Washington DC), not to return until after the election, in order to campaign for their reelection, in spite of the fact that much work needs to be taken care of, including finding a solution for the "fiscal cliff" before the end of the year (and then there will be the election itself, the thanksgiving break and the Christmas holidays). Only the unelected members of the Fed remain in town to handle the economy, even though most economists tend to think that fiscal policy would be more effective at this time than monetary policy. If you were a benevolent dictator/king (assuming that there is such a thing), how would you conduct monetary and fiscal policy in the U.S.? Comment classmate from H: If I were a benevolent king of the US, I would rather stand my position on the normal person. I don't care how stock markets are going on today or how keep the eyes of everybody in the world seeing US. Now I need to put my eyes on the basic needs. Such as do all my people still live the life like before? As we all experience, now we need to think about a plan to save the gas which I never though a year ago. Also, when I go to Walmart, I feel the same 50 dollars, but the products I bought were sharply down. Frankly, I may pay attention to the world or the US economy unless I satisfy my own life. The congress is the position too high to reach by normal citizens, so...
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