Archives for: Moody’s

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This Time It’s Different: Why It’s Time to Fire Bernanke

by Mitch Feierstein about 10 years 1 month ago

Two bits of news in the last couple days. One, Ben Bernanke, Chairman of the Federal Reserve, has decided to extend Operation Twist, a policy whereby the Fed sells short-dated government paper in order to buy the longer-dated sort. It sounds boring but it involves $267 billion, so it’s kind of consequential all the same. […]

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