Ben Bernanke

Frontrunning: April 3

  • The revision game begins: January non-farm payrolls revised to 741k from 655k
  • The CalPERS Apollo story is picking up steam: now on Bloomberg (Bloomberg)
  • Must read: Fed struggling to win over investors wary of sharks in TALF aid program (Bloomberg)
  • Fixing the

The Strong Dollar Paradox

I touched briefly this morning on the paradox of the strong dollar as the economy collapses. After all it is none other than Ben Bernanke who acknowledges that one of the key things Roosevelt did to drag the U.S. out of the first great depression was the dollar devaluation, i.e. taking the U.S. off the gold standard.

The Strong Dollar Paradox

I touched briefly this morning on the paradox of the strong dollar as the economy collapses. After all it is none other than Ben Bernanke who acknowledges that one of the key things Roosevelt did to drag the U.S. out of the first great depression was the dollar devaluation, i.e. taking the U.S. off the gold standard.

The Strong Dollar Paradox

I touched briefly this morning on the paradox of the strong dollar as the economy collapses. After all it is none other than Ben Bernanke who acknowledges that one of the key things Roosevelt did to drag the U.S. out of the first great depression was the dollar devaluation, i.e. taking the U.S. off the gold standard.