http://www.crikey.com.au/2008/03/05/kohler-monetary-policy-failing-to-gain-traction/ now with extra source Sun, 12 Feb 2012 02:48:10 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.crikey.com.au/2008/03/05/kohler-monetary-policy-failing-to-gain-traction/#comment-24031 pj Thu, 01 Jan 1970 10:00:00 +0000 #comment-24031 Further to the above, in case anyone is interested in reading Ben Bernanke's message to US banks yesterday: http://www.federalreserve.gov/newsevents/speech/bernanke20080304a.htm Further to the above, in case anyone is interested in reading Ben Bernanke’s message to US banks yesterday: http://www.federalreserve.gov/newsevents/speech/bernanke20080304a.htm

]]> http://www.crikey.com.au/2008/03/05/kohler-monetary-policy-failing-to-gain-traction/#comment-24032 pj Thu, 01 Jan 1970 10:00:00 +0000 #comment-24032 Ben's speech to US banks yesterday essentially told them that they had to eat their ponzi crap or the Fed would make them do it. Monetary policy cannot mitigate ponzi inflation and insolvency. Duh. Ben’s speech to US banks yesterday essentially told them that they had to eat their ponzi crap or the Fed would make them do it. Monetary policy cannot mitigate ponzi inflation and insolvency. Duh.

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