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KFC911 KFC911 is offline
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Join Date: Apr 2002
Posts: 31,039
I for one think Bernanke and the board have done a pretty dang good job. Considering where our economy was back in the fall of '08, and the "deflation" we were in, I've been impressed. I lost my job back then, but didn't panic, and now my retirement portfolio has recovered WAY better than I could have ever imagined. Most of the treasury notes are purchased by pension funds, etc. and I don't think more than 12-15% is owned by foreigners (same as it's always been). Around here, housing has indeed recovered (a truly dead horse back when), and unemployment is slowly but surely getting there. Locally, our economy is doing just fine...don't know how much is just cyclic, and how much is from the various stimuli. Either political party would have been doing the same thing imo. It is time to get rid of the "cheap money" imo...what's it been now...10 years? It helped fuel the housing bubble (we're now in another one imo). I'll say this however...I wish BB was staying on to unwind this...I do believe he's the best man for the job. Just my .03 (inflated) worth

Last edited by KFC911; 09-19-2013 at 05:08 AM..
Old 09-19-2013, 05:06 AM
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