Bernanke Stays the Course
by Stephen Lendman
Helicopter Ben surprised. Tapering was expected. Not now, he said. Reasons why include concern about economic strength.
He’s worried about how higher rates will impact global over-indebtedness.
When tapering was announced weeks earlier, these and other uncertainties were known. Why change policy now? Doing so makes Bernanke look like a taper tiger. Continue reading