Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
5Activity
0 of .
Results for:
No results containing your search query
P. 1
ChangeValue.com: Between monetary policies Where are markets heading to? January 2011.

ChangeValue.com: Between monetary policies Where are markets heading to? January 2011.

Ratings: (0)|Views: 50 |Likes:
Published by econotwist
"Ben Barnanke’s policy is not only dishonest, but is also harmful to market mechanisms. It transpires that the crises had benefited mostly those who provoked it, since at a time when money was king they were awarded shopping money. The recipe provided by Ben Bernanke to Americans is dishonest and wrecks business relations. It was not effective performance,
but getting into privileged circles guaranteed the highest and fastest-growing profits. Since we have a notion of just and fair value, perhaps one should introduce the notion of “unfair profits”, which manifested themselves in billions of dollars being handed over to
selected bankers, so they could buy themselves depreciated assets."
"Ben Barnanke’s policy is not only dishonest, but is also harmful to market mechanisms. It transpires that the crises had benefited mostly those who provoked it, since at a time when money was king they were awarded shopping money. The recipe provided by Ben Bernanke to Americans is dishonest and wrecks business relations. It was not effective performance,
but getting into privileged circles guaranteed the highest and fastest-growing profits. Since we have a notion of just and fair value, perhaps one should introduce the notion of “unfair profits”, which manifested themselves in billions of dollars being handed over to
selected bankers, so they could buy themselves depreciated assets."

More info:

Categories:Business/Law, Finance
Published by: econotwist on Aug 09, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

08/17/2011

pdf

text

original

You're Reading a Free Preview
Pages 2 to 7 are not shown in this preview.

Activity (5)

You've already reviewed this. Edit your review.
1 hundred reads
flocke2 liked this
flocke2 liked this
maxwelton9938 liked this
maxwelton9938 liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->