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Old 03-19-2013, 11:40 AM   #1
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The graph Bernanke should look at...

...before exiting anything:

http://marketmonetarist.com/2013/03/...ting-anything/

this is just too funny - the guy in the post quoted above, put some function-model, based on historical data, that models what the Fed funds target rate should be, to fulfill the premises of "2% inflation, and low unemployment"

And here's the kicker - the rates, as the model says, shall be at -7% today - again, that is estimation, based on historical data.
WTF, who put that freaking ultra-conservative-batshit-crazy-rightwinger Bernanke in charge, in times of such a great need?!
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Old 03-19-2013, 11:52 AM   #2
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It's pretty close to -7% in inflation adjusted terms according to shadow stats.
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Old 03-19-2013, 12:17 PM   #3
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Originally Posted by swissaustrian View Post:
It's pretty close to -7% in inflation adjusted terms according to shadow stats.
...well, that's probably what they are using internally
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