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Tag Archives: Ben Bernanke

Bernanke Admits Printing $1.3 Trillion Out Of Thin Air

04/14/2010 - Congressman Ron Paul questioned Federal Reserve Chairman Ben Bernanke at the Joint Economic Committee hearing The Economic Outlook. Topics of discussion included debt monetization, the Greece bailout, and where all that money is coming from. Watch for yourself as Bernanke nods YES to printing $1.3 trillion out of thin air to buy mortgage backed securities. [...]

If the Fed Missed That Bubble, How Will It See a New One?

In 2005, Mr. Bernanke — then a Bush administration official — said a housing bubble was “a pretty unlikely possibility.” As late as May 2007, he said that Fed officials “do not expect significant spillovers from the subprime market to the rest of the economy.” The fact that Mr. Bernanke and other regulators still have [...]

Sanders Puts Hold on Bernanke

Sen. Bernie Sanders (I-Vt.) today placed a hold on the nomination of Ben Bernanke for a second term as chairman of the Federal Reserve. “The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy [...]