Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-03-2017, 01:05 PM
 
79,907 posts, read 44,191,640 times
Reputation: 17209

Advertisements

Quote:
Originally Posted by le roi View Post
And what, gone to the gold standard? Anyway the fact that you don't like the Fed as an institution doesn't mean that Bernanke did a poor job of running it.
Of course not, the fact that he did a poor job did.

Quote:
Perhaps you've heard of Alan Greenspan?
Yes, and he has admitted he did a poor job. Bernanke had plenty of time and plenty of warnings to change course.
Reply With Quote Quick reply to this message

 
Old 11-03-2017, 01:06 PM
 
45,230 posts, read 26,437,203 times
Reputation: 24979
This guy is a complete establishment tool, if you like Bernanke and Yellen, you can expect more of the same. He also devoted an entire speech to attacking Ron Pauls Edit the Fed Bill if that tells you anything.
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:07 PM
 
22,768 posts, read 30,730,722 times
Reputation: 14745
Quote:
Originally Posted by pknopp View Post
Of course not, the fact that he did a poor job did.



Yes, and he has admitted he did a poor job. Bernanke had plenty of time and plenty of warnings to change course.
You haven't illustrated why you think Bernanke did a poor job, nor have you explained who would've done a better job, or how anything ought to be done differently.

You seem to be criticizing just to criticize, there's no real content here.
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:08 PM
 
22,768 posts, read 30,730,722 times
Reputation: 14745
Quote:
Originally Posted by Frank DeForrest View Post
This guy is a complete establishment tool, if you like Bernanke and Yellen, you can expect more of the same. He also devoted a speech to attacking Ron Pauls Edit the Fed Bill if that tells you anything.
That's a good thing, because Ron Paul's views on monetary policy were outdated to the point of being ridiculous. He thinks money is supposed to increase in value over time, which everyone knows is catastrophic for the economy.
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:11 PM
 
45,230 posts, read 26,437,203 times
Reputation: 24979
Quote:
Originally Posted by le roi View Post
That's a good thing, because Ron Paul's views on monetary policy were outdated to the point of being ridiculous. He thinks money is supposed to increase in value over time, which everyone knows is catastrophic for the economy.
Disagree or agree with Pauls views, why shouldn't the fed be audited?
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:11 PM
 
79,907 posts, read 44,191,640 times
Reputation: 17209
Quote:
Originally Posted by le roi View Post
You haven't illustrated why you think Bernanke did a poor job, nor have you explained who would've done a better job, or how anything ought to be done differently.

You seem to be criticizing just to criticize, there's no real content here.
Someone has to explain the Fed's actions that led to 2008?

Do I need to explain we won the Revolutionary War?

This has all been covered over and over.
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:12 PM
 
79,907 posts, read 44,191,640 times
Reputation: 17209
Quote:
Originally Posted by le roi View Post
That's a good thing, because Ron Paul's views on monetary policy were outdated to the point of being ridiculous. He thinks money is supposed to increase in value over time, which everyone knows is catastrophic for the economy.
As is free and easy money as we have seen.
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:49 PM
 
22,768 posts, read 30,730,722 times
Reputation: 14745
Quote:
Originally Posted by Frank DeForrest View Post
Disagree or agree with Pauls views, why shouldn't the fed be audited?
Because the results would be misinterpreted, also bc it politicizes the central bank.

It would destabilize the economy for no good reason.
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:50 PM
 
22,768 posts, read 30,730,722 times
Reputation: 14745
Quote:
Originally Posted by pknopp View Post
Someone has to explain the Fed's actions that led to 2008?

Do I need to explain we won the Revolutionary War?

This has all been covered over and over.
2008 was going to exist regardless of what the central bank did.

If you're referring to the mortgage crisis, that was the fault of the OTS, OCC and SEC primarily, but also the ratings agencies and Alan Greenspan.

Bernanke and Yelled can't be blamed for the crisis.
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 01:54 PM
 
22,768 posts, read 30,730,722 times
Reputation: 14745
Quote:
Originally Posted by pknopp View Post
As is free and easy money as we have seen.
Indeed there needs to be middle ground, and Ron paul is not middle ground.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 06:02 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top