I tend to get more out of essays compared to novels and this just piqued my interest. I believe I will attempt to turn these up this weekend.Originally Posted by ;
I tend to get more out of essays compared to novels and this just piqued my interest. I believe I will attempt to turn these up this weekend.Originally Posted by ;
wow! That was an AMAZING interview. Its incredible how greeny is, his every answer seemed as though it was thought about for days.
My favorite part is when he stated GM and Ford should concentrate on making good cars rather than stressing about the fed. That made me laugh out loudly.
Also interesting is how he defended his right to speak about the economy after retiring as fed cheif. I didnt expect that out of him.
Looking forward to the CNBC interview tonight!
Oh another part of the interview is that when he talked about interest rates now and then. This was very important I think. He said that he was able to rates at will because there was no fear of inflation. He went on to state that didnt do exactly the same thing because inflation is presently a threat.
Also interesting is how he explained that the credit crunch is a short term issue, whereas the reemergence of inflation is the largest long run threat to the market. Basically he hinted that this particular credit fiasco has not bigger problems on his hands than bernanke.
He's managing to please greeks and trojans recently. If cut, be careful for the market, Inflation an issue for Fed. Expected / desided outcome: boost the book sales. I can't blame him:Originally Posted by ;
Well as fed main he had been paid something similar to 150K annually, his history shows that he also isnt money hungary. But his publication is! LOL
btw, I thought of another highlight... did anybody else hear greenspan say mission accomplished after being advised that the sentate couldnt understand his fed speak? This is a stunning entrance, If I understood what I thought I heard.
His wife makes a neat little income so that probably helps. I saw her one of the Sunday talk shows and she seems damn good for her age.Originally Posted by ;
haha! perfect!Originally Posted by ;
I was stunned to hear him acknowledge its true!! Bernanke is screwed now, he was probably pissed when he heard
I can only imagine the next senate testimony... Mr. Bernanke, are you intentionally trying to confuse me?
Yeah on 60 mins that he was telling the story of how they met. He encouraged her back to his appartment to have a look at his essay. Musta been one hell of an essay!!!Originally Posted by ;