Ben Bernanke November 6, 2010 Remarks On QE2

On Saturday (November 6) Ben Bernanke took part in a panel discussion.  This was part of The Federal Reserve conference “A Return to Jekyll Island: The Origins, History, and Future of the Federal Reserve.”

I found these comments, pertaining to QE2, to be highly notable:

Ben Bernanke:

“There is not really, in my mind, as much discontinuity as people think.  This sense out there, that quantitative easing or asset purchases, is some completely far removed, strange kind of thing and we have no idea what the hell is going to happen, and it’s just an unanticipated, unpredictable policy – quite the contrary.  This is just monetary policy.”


A Special Note concerning our economic situation is found here

SPX at 1213.40 as this post is written