Bernanke Does Good But Big Money & Its CNBC Anchor Friends Cry Foul

Our first article about Ben Bernanke on this blog was titled “Jim Cramer on Ben Bernanke – Fair in August 2007 and Unfair in August 2008” ( https://cinemarasik.com/2008/08/01/jim-cramer-on-ben-bernanke—fair-in-august-2007-and-unfair-in-august-2008.aspx%C2%A0 ).In that article, we coined the term “Mo-Force” to describe the (then) enormous, gigantic pool of capital in the hands of  short-term, performance-oriented investors or commonly called the…

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What Is “Taylor Rule”? What Does It Say Now? Was It A Factor In Bernanke’s Decision?

The Taylor Rule, proposed first by economist John Taylor in 1993, is a monetary policy formula (or rule) that stipulates how much the Federal Reserve Bank should change its federal funds rate in response to GDP (gross domestic product) and inflation. For example, if inflation were to rise by 1%, the proper Taylor Rule response would be…

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