Letters to the Editor

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Translating Ben Bernanke
The Fed Chair says economic growth in the U.S. is likely to "slow noticeably." But what does that mean?
Andrew Leonard [2007-11-08]
The letters thread is now closed.

  • Slow noticeably =

    You ain't seen nothin' yet.

    -- gar
    [Read gar's other letters]
    Thursday, November 8, 2007 09:16 AM

  • Shorter translation

    Reality is hitting all of these crooked financiers smack in their greedy faces.

    What does it mean? They lose some of the gloss off of their gilded lives, while the rest of us suffer and even die.

    -- Nick44
    [Read Nick44's other letters]
    Thursday, November 8, 2007 09:19 AM

  • What he is not saying clearly

    If the US is really experiencing GDP growth of 3.9% or higher, then Mr. Bernanke is feeding growth by lowering interest rates when we are already approaching the noninflationary maximum. Thus, we can expect inflation to increase significantly. One can only guess where the next asset bubble will form, if that's the form inflation will take. Maybe we'll not see an asset bubble, maybe we'll see something new - wouldn't that be interesting?

    -- micberson
    [Read micberson's other letters]
    Thursday, November 8, 2007 09:28 AM

  • Currency devaluation

    Oh hai yr dollrz r worthless k thnx bai

    -- Gordon Wagner
    [Read Gordon Wagner's other letters]
    Thursday, November 8, 2007 09:29 AM

  • Can't Play with the Numbers

    Slow noticeably = They can't figure out a way to fix the numbers and make things look better than they are.

    Lita

    -- Lita
    [Read Lita's other letters]
    Thursday, November 8, 2007 09:41 AM

  • We're already seeing it in travel

    The airlines have successfully raised fare ceilings 3 times this year and all of them have stuck. Average ticket prices YOY continue to rise weekly.

    Thankfully I bought my tickets for Christmas in September, before the oil shocks started to spread through the industry.

    -- origins
    [Read origins's other letters]
    Thursday, November 8, 2007 09:41 AM

  • Here is Ron Paul translating Bernanke:

    http://www.youtube.com/watch?v=yAwvlDJgJbM

    Ron Paul is the ONLY candidate the UNDERSTANDS THE ECONOMY and how to fix it.

    Join the Revolution!

    www.ronpaul2008.com

    -- wgadget
    [Read wgadget's other letters]
    Friday, November 9, 2007 06:06 AM

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