Thursday, September 12, 2013

I'm not sure if Ben Bernanke is being stupid, or knows he's being evil.

     Interest rates are low, which is great for most large corporations.

     Unemployment rates are high, which is good for most large corporations.

     What the Federal Reserve Board, and Chair Ben Bernanke, have said, in no uncertain terms, is that the interest rates will go back up if the unemployment rates go down.

     So, any rational, large corporation will try not to hire anyone in order to keep interest rates low.

     And Ben Bernanke pretends this is supposed to help unemployment rates?  Is he stupid, or just evil?

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